Mirna Botros
613-600-2626189 Preston Street - $789,900
189 Preston Street - $789,900
189 Preston Street
$789,900
4205 - West Centre Town
Ottawa, OntarioK1R7P8
4 beds
2 baths
3 parking
MLS#: X12659094Listed: 12 days agoUpdated:12 days ago
Description
This classic 1930s duplex presents a great investment opportunity in the heart of Little Italy, prominently located on Preston Street. Surrounded by ongoing development and long-term growth, this property offers exceptional future potential in one of Ottawa's most vibrant and culturally rich neighbourhoods. With flexible TM zoning, buyers have multiple options to maximize value-whether maintaining and updating the existing duplex or exploring redevelopment possibilities such as a mixed-use commercial space with residential units above.The property features two self-contained units, each with its own hydro meter, and flexible access options allowing entry from the front for both units or a separate rear entrance for the lower unit. Its unbeatable location places you within walking distance of restaurants, cafés, shops, Dows Lake, and Lebreton Flats, with convenient access to the LRT and downtown Ottawa-making it easy to live local and attract strong tenant demand.Owned by the same family for over 40 years, this is a well-established property in a rapidly appreciating area. With steady rental income potential today and significant redevelopment upside for the future, this is a compelling opportunity for investors seeking long-term growth in a prime urban location. Flexible closing available. Book your showing today and explore the possibilities. (id:58075)Details
Details for 189 Preston Street, Ottawa, Ontario- Property Type
- Multi Family
- Building Type
- Duplex
- Storeys
- 2
- Neighborhood
- 4205 - West Centre Town
- Land Size
- 22.6 x 103 FT
- Year Built
- -
- Annual Property Taxes
- $4,435
- Parking Type
- Detached Garage, Garage
Inside
- Appliances
- Washer, Dryer, Two stoves, Water Heater, Two Refrigerators
- Rooms
- 14
- Bedrooms
- 4
- Bathrooms
- 2
- Fireplace
- -
- Fireplace Total
- -
- Basement
- Partially finished, Full
Building
- Architecture Style
- -
- Direction
- Cross Streets: Preston street and Laurel St E. ** Directions: Preston street in between Somerset W and Gladstone. East side of the street.
- Type of Dwelling
- duplex
- Roof
- -
- Exterior
- Brick, Brick Facing
- Foundation
- Concrete
- Flooring
- -
Land
- Sewer
- Sanitary sewer
- Lot Size
- 22.6 x 103 FT
- Zoning
- -
- Zoning Description
- TM [78] H(15)
Parking
- Features
- Detached Garage, Garage
- Total Parking
- 3
Utilities
- Cooling
- Central air conditioning
- Heating
- Forced air, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- Carpet Free
- Security
- -
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 189 Preston Street, Ottawa, OntarioMap
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