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Home ON Ottawa - Gatineau Ottawa West Centertown
189 PRESTON STREET
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189 PRESTON STREET $849,900
7 days ago
$849,900
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189 PRESTON STREET
Ottawa, Ontario K1R7P8

MLS® Number: X11893184
4
Bedrooms
2
Bathrooms
-
Square Feet

Listing Description

This 1930s duplex is a fantastic investment opportunity with its prime location in the heart of Little Italy directly on Preston Street. There is so much future potential with a location like this directly on Preston st. The proximity to everything and convenient access to the LRT, Lebreton, Dows Lake. Many places within walking distance making you want to stay local especially in this vibrant and culturally rich neighborhood. The duplex has two separate units, each with separate hydro meters. You could choose to update and maintain it as a duplex, Alternatively, you could explore the option of demo and building commercial space and apartments above, tapping into the increasing demand for mixed-use developments. Considering the ongoing development and appreciation in such prime locations, investing in this property for the future seems like a easy decision. The potential for rental income coupled with the opportunity for future development and appreciation makes it an attractive prospect for investors looking for long-term growth. TM Zoning, Same owners 40 years. Flexible closing. (39631685)

Location Description

Preston and Laurel

Property Summary

Property Type
Single Family
Building Type
Duplex
Storeys
2
Community Name
4205 - West Centre Town
Land Size
22.62 FT
Annual Property Taxes
$4,235
Parking Type
Detached Garage
Time on REALTOR.ca
7 days

Building

Bedrooms
Above Grade
4
Bathrooms
Total
2
Interior Features
Appliances Included
Water Heater, Dryer, Refrigerator, Two stoves, Washer
Basement Type
Full (Finished)
Building Features
Features
Lane
Foundation Type
Concrete
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Type
Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Brick Facing
Parking
Parking Type
Detached Garage
Total Parking Spaces
3

Rooms

MetricImperial
Main level
Bedroom
Bedroom 2
Living room
Kitchen
Second level
Bedroom
Bedroom
Kitchen
Living room

Land

Lot Features
Frontage
22 ft ,7 in
Other Property Information
Zoning Description
TM[78] H(15)
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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