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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.
2 Fridges, 2 stoves, dryer, washer
City: Ottawa
Neighborhood: West Centre Town
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Dec 14, 2024 | 90 | $849,900 | N/A | Expired | X11893184 |
Purchase Price | $849900 |
Down Payment | $169980 |
Mortgage Insurance | $0 |
Total Mortgage | $679920 |
Mortgage Payment | $4190 |
Property Taxes | $353 |
Maintenance Fees | $0 |
Monthly Payment | $4543 |
Sold Comparables homes near 189 Preston St, Ottawa
Located at 189 Preston St , this Ottawa house is available for sale. This property was listed for $849,900 on Wed Mar 19 2025. It has 4 bedrooms and 2 bathrooms. The property includes the following rooms: Br, Br, Living, Other, Kitchen, Bathroom, Sunroom, Foyer, Living, Br, Br, Kitchen, Common Rm, Laundry, Bathroom. This property comes with 3 parking spots. 189 Preston St, Ottawa is situated in the West Centre Town neighbourhood.
MLS#: X12030263 · $849,900 · 4 bedroom house in West Centre Town, Ottawa