40
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$849,900
Est. payment /mo
4 BD
2 BA
New
189 PRESTON STREET Ottawa, ON K1R7P8
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision 4205 - West Centre Town
MLS® Listing ID X11893184
Bedrooms 4
Originating Board Ottawa Real Estate Board
Property Description
This 1930s duplex is a fantastic investment opportunity with its prime location in the heart of Little Italy directly on Preston Street. There is so much future potential with a location like this directly on Preston st. 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. Flexible closing. (id:24570)
Location
Province ON
Rooms
Extra Room 1 Second level 2.99 m X 2.92 m Bedroom
Extra Room 2 Second level 3.22 m X 3.21 m Bedroom
Extra Room 3 Second level 3.14 m X 2.15 m Kitchen
Extra Room 4 Second level 3.22 m X 1.95 m Living room
Extra Room 5 Main level 4.14 m X 2.56 m Bedroom
Extra Room 6 Main level 3.55 m X 3.65 m Bedroom 2
Interior
Heating Forced air
Cooling Central air conditioning
Exterior
Parking Features Yes
View Y/N No
Total Parking Spaces 3
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by TRINITYSTONE REALTY INC.
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