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.
Address
189 Preston Street
List Price
$849,900
Property Type
Residential Freehold
Type of Dwelling
Duplex
Style of Home
2-Storey
Area
West Centre Town
Sub-Area
4205 - West Centre Town
County
Ottawa
Bedrooms
4
Bathrooms
2
Lot Size Source
MPAC
Lot Shape
Irregular
Lot Size Units
Feet
Lot Width
22.62
Approx. Age
51 - 99 Years
MLS® Number
X12030263
Listing Brokerage
TRINITYSTONE REALTY INC.
Basement Area
Partially Finished
Postal Code
K1R 7P8
Parking Places (Total)
3
Tax Amount
$4,235.00
Tax Year
2024
Interior Features
Water Heater Owned, Primary Bedroom - Main Floor
Heat Source
Gas
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick, Brick Front
Direction Faces
East
Foundation Details
Concrete
Garage Type
Detached
Kitchens Total
2
Pool Features
None
Roof
Asphalt Shingle
Waterfront
None
Sewer
Sewer
