189 Preston Street Ottawa, Ontario K1R 7P8

$789,999

This 1930s duplex is a fantastic investment opportunity with its prime location in the heart of Little Italy directly on Preston Street and so much future potential with a location like this. 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 can enter both units from the front or close it off and make the back entrance only for the lower unit. Choose to update and maintain it as a duplex, Alternatively, you could explore the option of demo the building and create a commercial space and apartments above, tapping into the increasing demand for mixed-use developments. Considering the ongoing development and appreciation in such a prime location, 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. Book an appointment to check out this fantastic future opportunity. (id:43934)

Property Details

MLS® Number	X12444218
Property Type	Multi-family
Neigbourhood	Centretown West
Community Name	4205 - West Centre Town
Features	Carpet Free
Parking Space Total	3

Building

Bathroom Total	2
Bedrooms Above Ground	4
Bedrooms Total	4
Appliances	Dryer, Water Heater, Two Stoves, Washer, Two Refrigerators
Basement Development	Finished
Basement Type	Full, N/a (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
Size Interior	1,500 - 2,000 Ft2
Type	Duplex
Utility Water	Municipal Water

Parking

Detached Garage
Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	103 Ft
Size Frontage	22 Ft ,7 In
Size Irregular	22.6 X 103 Ft
Size Total Text	22.6 X 103 Ft
Zoning Description	Tm [78] H(15)

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Bedroom 2	2.77 m	2.96 m	2.77 m x 2.96 m
Second Level	Bedroom 3	3.26 m	3.23 m	3.26 m x 3.23 m
Second Level	Living Room	3.38 m	3.47 m	3.38 m x 3.47 m
Second Level	Kitchen	3.17 m	2.16 m	3.17 m x 2.16 m
Second Level	Other	3.26 m	1.98 m	3.26 m x 1.98 m
Second Level	Sunroom	1.5 m	1.88 m	1.5 m x 1.88 m
Lower Level	Laundry Room	1.4 m	3.68 m	1.4 m x 3.68 m
Main Level	Kitchen	5.51 m	3.6 m	5.51 m x 3.6 m
Main Level	Foyer	1.74 m	3.38 m	1.74 m x 3.38 m
Main Level	Living Room	4.3 m	3.63 m	4.3 m x 3.63 m
Main Level	Bedroom	3.59 m	3.66 m	3.59 m x 3.66 m
Main Level	Bedroom	4.18 m	2.6 m	4.18 m x 2.6 m

https://www.realtor.ca/real-estate/28950074/189-preston-street-ottawa-4205-west-centre-town