189 PRESTON STREET Active

Ottawa,ON K1R7P8

$ 849900

4 Beds

2 Baths

1599 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,599 sqft

Price per Sqft $531

Subdivision 4205 - West Centre Town

MLS Listing ID X12030263

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 Italydirectly 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 withinwalking 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 andmaintain it as a duplex, Alternatively, you could explore the option of demo and building commercial spaceand apartments above, tapping into the increasing demand for mixed-use developments. Considering theongoing development and appreciation in such prime locations, investing in this property for the futureseems like a easy decision. The potential for rental income coupled with the opportunity for futuredevelopment 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

Kitchen 2.0

Extra Room 1 Second level 2.77 m X 2.96 m Bedroom

Extra Room 2 Second level 3.26 m X 3.23 m Bedroom

Extra Room 3 Second level 3.38 m X 3.47 m Living room

Extra Room 4 Second level 3.26 m X 1.98 m Other

Extra Room 5 Second level 3.17 m X 2.16 m Kitchen

Extra Room 6 Second level 2.19 m X 1.25 m Bathroom

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

Others

Virtual Tour https://www.youtube.com/watch?v=qoBjgCUNYTE&ab_channel=BrightIdeaPropertyGroup

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