37 Days on Market

189 PRESTON St, Ottawa, Ontario K1R 7P8

$929,000
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Detached
4
2
- sqft

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Highlights

Estimated Value$666,000*

Price/Sqft-

Days On Market37 days

Est. Mortgage$3,990/mth

Tax Amount (2023)$4,235/yr

*Last updated on: 24/05/24

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

Style2 Storey
View-
Age of property1930
SqFt-
Lot Size-
Parking Spaces3
MLS ®Number1385330
Community NameWest Centertown
Board NameOREB

Features

Heating: Forced Air
Cooling: Central Air Conditioning
Basement: Full, Unfinished

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"


Parking

Garage spaces 1

Garage type -

Other parking spaces 2

Total parking spaces 3


Property History

Now
Listed for$929,000
37 days on market
history photo preview30
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Property listed by TRINITY STONE REALTY INC., Brokerage
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