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189 Preston St

Preston StOld CityOttawaON, K1R 7P8

4
Beds
2
Baths
$849,900
List Price
189 Preston St, Ottawa, ON - 1 of 3
189 Preston St, Ottawa, ON - 2 of 3
189 Preston St, Ottawa, ON - 3 of 3
100 days on market

Quick Summary

  • Prime location in the heart of Little Italy
  • Convenient access to LRT, Lebreton, Dows Lake
  • Vibrant and culturally rich neighborhood
  • Separate units with separate hydro meters
  • Potential for rental income and future development
  • Attractive prospect for long-term growth
  • TM Zoning allows for mixed-use development
  • Same owners for 40 years

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... Show More

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.

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Property Details

Size

Sq. Ft. Not Available
16 total rooms
4 Beds
4 Above Grade
2 Baths
2 Full

Parking

3 Parking Spaces
1 Garage Attached

Build

Year Built
1930
Model Name
-
Basement
Partly Finished
Exterior
Brick
Foundation
Poured Concrete
Builder Name
-
Stories
-
Flooring
Mixed, Hardwood
Roof
Asphalt Shingle

Heating & Cooling

Heating
Forced Air
Cooling
Central Air Conditioning

Utilities

Water
Municipal
Sewer
Sewer Connected
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Rooms

Bath 4-Piece

4′11″ x 7′2″

Bath 4-Piece

5′0″ x 11′0″

Foyer

11′10″ x 5′7″

Bedroom

8′5″ x 13′7″

Bedroom

12′0″ x 11′8″

Living Rm

11′9″ x 14′10″

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Ownership Details

Ownership

Title
Freehold
Zoning
Residential

Taxes

Property Tax Year
2023-01-01
Property Tax Amount
$4,235

Source

Listing Brokerage

MLS® Listing
1410928
Last Updated
September 19, 2024
Brokerage
TRINITYSTONE REALTY INC.
Call us 800-591-0566

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