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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