189 PRESTON STREET Active

Ottawa,ON K1R7P8

$ 849900

4 Beds

2 Baths

0 SqFt


Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Subdivision Little Italy

MLS Listing ID 1410928

Bedrooms 4

Originating Board Ottawa Real Estate Board

Year Built 1930

Property Description

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:24570)

Location

Province ON

Rooms

Extra Room 1 Second level 7'2\" x 4'11\" 4pc Bathroom

Extra Room 2 Second level 11'10\" x 11'4\" Living room

Extra Room 3 Second level 9'10\" x 9'7\" Bedroom

Extra Room 4 Second level 10'7\" x 10'6\" Bedroom

Extra Room 5 Second level 10'4\" x 7'1\" Kitchen

Extra Room 6 Second level 10'7\" x 6'5\" Office

Interior

Heating Forced air

Cooling Central air conditioning

Flooring Mixed Flooring,Hardwood

Exterior

Garage Yes

Waterfront No

View Y/N No

Total Parking Spaces 3

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Others

Ownership Freehold

View More
Favorite Go Tour