189 PRESTON St, Ottawa, Ontario K1R 7P8
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Highlights
Estimated ValueThis is the price Wahi expects this property to sell for.
The calculation is powered by our Instant Home Value Estimate, which uses current market and property price trends to estimate your home’s value with a 90% accuracy rate.$745,000*
Price/Sqft-
Days On Market47 days
Est. Mortgage$3,779/mth
Tax Amount (2023)$4,235/yr
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.
Property Details
Interior
Features
2nd Floor
Bath 4-Piece
7'2" x 4'11"Living Rm
11'10" x 11'4"Bedroom
9'10" x 9'7"Bedroom
10'7" x 10'6"Exterior
Parking
Garage spaces 1
Garage type -
Other parking spaces 2
Total parking spaces 3
Property History
![history photo preview](https://cdn.wahi.com/listings/images/oreb/IMG-1396761_1-256.webp)
![history photo preview](https://cdn.wahi.com/listings/images/oreb/IMG-1385330_1-256.webp)
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