189 Preston Street Ottawa, Ontario K1R 7P8

4 Bedroom 2 Bathroom
Central Air Conditioning Forced Air

$849,900

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. (id:48414)

Property Details

MLS® Number X11893184
Property Type Single Family
Neigbourhood Centretown West
Community Name 4205 - West Centre Town
Features Lane
Parking Space Total 3

Building

Bathroom Total 2
Bedrooms Above Ground 4
Bedrooms Total 4
Appliances Water Heater, Dryer, Refrigerator, Two Stoves, Washer
Basement Development Finished
Basement Type Full (finished)
Cooling Type Central Air Conditioning
Exterior Finish Brick, Brick Facing
Foundation Type Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type Duplex
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Frontage 22 Ft ,7 In
Size Irregular 22.62 Ft
Size Total Text 22.62 Ft
Zoning Description Tm[78] H(15)

Rooms

Level Type Dimensions
Second Level Bedroom 2.99 m x 2.92 m
Second Level Bedroom 3.22 m x 3.21 m
Second Level Kitchen 3.14 m x 2.15 m
Second Level Living Room 3.22 m x 1.95 m
Main Level Bedroom 4.14 m x 2.56 m
Main Level Bedroom 2 3.55 m x 3.65 m
Main Level Living Room 4.52 m x 3.58 m
Main Level Kitchen 5.51 m x 3.55 m

Utilities

Sewer Installed

https://www.realtor.ca/real-estate/27738501/189-preston-street-ottawa-4205-west-centre-town