West Centre Town, ON K1R 7P8,189 Preston ST
West Centre Town, ON K1R 7P8,189 Preston ST
West Centre Town, ON K1R 7P8,189 Preston ST
41
See all 41 photos
$789,999
Est. payment /mo
4 Beds
2 Baths
Active

189 Preston ST West Centre Town, ON K1R 7P8

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision 4205 - West Centre Town

MLS Listing ID X12444218

Style 2-Storey

Bedrooms 4

Annual Tax Amount $4,235

Tax Year 2024

Property Sub-Type Duplex

Property Description

This 1930s duplex is a fantastic investment opportunity with its prime location in the heart of Little Italy directly on Preston Street and so much future potential with a location like this. 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 can enter both units from the front or close it off and make the back entrance only for the lower unit. Choose to update and maintain it as a duplex, Alternatively, you could explore the option of demo the building and create a commercial space and apartments above, tapping into the increasing demand for mixed-use developments. Considering the ongoing development and appreciation in such a prime location, 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. Book an appointment to check out this fantastic future opportunity.

Location

Province ON

County Ottawa

Community 4205 - West Centre Town

Area Ottawa

Rooms

Family Room No

Basement Full, Finished

Kitchen 2

Interior

Interior Features Carpet Free, Primary Bedroom - Main Floor

Cooling Central Air

Fireplace No

Heat Source Gas

Exterior

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 22.62

Lot Depth 102.95

Total Parking Spaces 3

Building

Foundation Concrete

Others

ParcelsYN No

Virtual Tour https://www.myvisuallistings.com/cvt/346121


Listed by TRINITYSTONE REALTY INC.

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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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189 Preston ST