Active
189 PRESTON STREET
Ottawa Ontario, K1R7P8
$929,000
Active
4 Beds
2 Baths
Residential
Built in 1930
Courtesy of TRINITY-STONE REALTY INC.
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. (id:41202)
1385330
MLSⓇ ID
April 17, 2024
Listed
May 9, 2024
Updated
Map
189 PRESTON STREET
Ottawa Ontario, K1R7P8
Interior Features
Total Stories
2
Bedrooms
4
Total Bathrooms
2
Floor Description
Mixed Flooring, Hardwood
Fireplace
No
Cooling
Yes
Cooling Description
Central air conditioning
Heating
Yes
Heating Description
Forced air, Natural gas
Exterior/Building Features
Sewer
Municipal sewage system
Other Property Details
Garage
Yes
Parking Total
3
View
No
Pool
No
Courtesy of TRINITY-STONE REALTY INC., Grant Holbrook,
Listing Contact: (613) 298-8888
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