189 Preston Street Ottawa, Ontario K1R 7P8

$849,900

This 1930s duplex is a fantastic investment opportunity with its prime location in the heart of Little Italy directly on Preston Street. 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. (id:43934)

Property Details

MLS® Number	1410928
Property Type	Single Family
Neigbourhood	Little Italy
AmenitiesNearBy	Public Transit, Recreation Nearby, Shopping
Features	Balcony
ParkingSpaceTotal	3

Building

BathroomTotal	2
BedroomsAboveGround	4
BedroomsTotal	4
Appliances	Refrigerator, Dryer, Stove, Washer
BasementDevelopment	Partially Finished
BasementType	Full (partially Finished)
ConstructedDate	1930
ConstructionStyleAttachment	Detached
CoolingType	Central Air Conditioning
ExteriorFinish	Brick
FlooringType	Mixed Flooring, Hardwood
FoundationType	Poured Concrete
HeatingFuel	Natural Gas
HeatingType	Forced Air
StoriesTotal	2
Type	House
UtilityWater	Municipal Water

Parking

Attached Garage

Land

AccessType	Highway Access
Acreage	No
LandAmenities	Public Transit, Recreation Nearby, Shopping
Sewer	Municipal Sewage System
SizeFrontage	22 Ft ,7 In
SizeIrregular	22.62 Ft X 0 Ft (irregular Lot)
SizeTotalText	22.62 Ft X 0 Ft (irregular Lot)
ZoningDescription	Tm[78] H(15)

Rooms

Level	Type	Length	Width	Dimensions
Second Level	4pc Bathroom			7'2" x 4'11"
Second Level	Living Room			11'10" x 11'4"
Second Level	Bedroom			9'10" x 9'7"
Second Level	Bedroom			10'7" x 10'6"
Second Level	Kitchen			10'4" x 7'1"
Second Level	Office			10'7" x 6'5"
Second Level	Enclosed Porch			5'0" x 6'2"
Basement	4pc Bathroom			11'0" x 5'0"
Basement	Family Room			21'0" x 11'6"
Basement	Laundry Room			4'6" x 12'1"
Basement	Utility Room			Measurements not available
Main Level	Foyer			5'7" x 11'10"
Main Level	Bedroom			13'7" x 8'5"
Main Level	Bedroom			11'8" x 12'0"
Main Level	Living Room			14'10" x 11'9"
Main Level	Kitchen			18'1" x 11'8"

https://www.realtor.ca/real-estate/27410232/189-preston-street-ottawa-little-italy