The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Location, lifestyle and incredible investment potential in the heart of Hintonburg! Welcome to 463 Parkdale Avenue, an impressive three-storey, 6-bedroom plus loft detached home offering exceptional space and versatility in one of Ottawa's most sought-after neighbourhoods. Steps from Wellington Street West, Parkdale Market, local shops, cafés, restaurants and neighbourhood favourite Heartbreakers Pizza, this is an outstanding opportunity for investors, multi-generational living or buyers seeking flexible rental possibilities.Adding to its appeal is the property's LC1[2256] zoning, offering flexibility and future potential for buyers to explore. The main level features generous living and dining spaces with high ceilings and hardwood flooring, a powder room and updated kitchen with additional cabinetry and countertop space added in 2024.The second floor offers four well-sized bedrooms, hardwood flooring and a full 4-piece bathroom. The third level features a spacious loft with a 3-piece bathroom, skylight and ample storage-an incredibly versatile bonus space.The finished lower level adds even more possibilities with a separate side entrance, two bedrooms, kitchenette, 3-piece bathroom, vinyl plank flooring and upgraded insulation. Extensive improvements include kitchen and bathroom updates, basement renovation, replacement of cast-iron plumbing with PVC/PEX, exterior doors, basement windows, skylight, eavestroughs, fascia and soffits. Additional updates include gas stove and hood fan (2021), A/C (2018), hot water tank (2017) and furnace (2015).Complete with two tandem parking spaces and an unbeatable Hintonburg location, 463 Parkdale delivers a rare combination of size, versatility, zoning and income potential in one of Ottawa's most desirable urban neighbourhoods.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,229/mo
Mortgage (principal + interest)$2,731
Property taxFrom listing: $5,979/yr$498
Minimum $47,990 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$145,980
Ontario land transfer taxProvincial brackets, no first-time refund$11,073
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$159,853
First-time buyers can get up to $4,000 back on Ontario land transfer tax. West Centre Town has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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