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189 Preston Street Ottawa, Ontario K1R 7P8

4 Bedroom 2 Bathroom 1,500 - 2,000 ft2
Central Air Conditioning Forced Air

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

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

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