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613-761-0123

189 PRESTON STREET
Ottawa, Ontario K1R7P8

$849,900

ID# X9519023
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., Flooring: Hardwood, Flooring: Mixed (id:25961)
Courtesy of TRINITYSTONE REALTY INC.

Listed on: September 13, 2024

On market: 76 days
Bathroom Total 2
Bedrooms Total 4
Cooling Type Central air conditioning
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 2
BedroomSecond level3.22 m x 3.2 m
KitchenSecond level3.14 m x 2.15 m
OfficeSecond level3.22 m x 1.95 m
OtherSecond level1.52 m x 1.87 m
BathroomSecond level2.18 m x 1.49 m
Living roomSecond level3.6 m x 3.45 m
BedroomSecond level2.99 m x 2.92 m
Family roomBasement6.4 m x 3.5 m
Laundry roomBasement1.37 m x 3.68 m
Utility roomBasementMeasurements not available
BathroomBasement3.35 m x 1.52 m
FoyerMain level1.7 m x 3.6 m
BedroomMain level4.14 m x 2.56 m
BedroomMain level3.55 m x 3.65 m
Living roomMain level4.52 m x 3.58 m
KitchenMain level5.51 m x 3.55 m
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Address Price Bed Bath SqFt Area Sub Area Brokerage
1304 AVENUE P AVENUE Ottawa
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 $1,099,000 5 3 104.69 x 200.19 FT ; 0 Ottawa ROYAL LEPAGE TEAM REALTY
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