189 Preston St, West Centre Town, Ontario K1R 7P8
Contact us about this property
Highlights
Estimated ValueNot available
Price/Sqft-
Est. Mortgage$3,650/mo
Tax Amount (2023)$4,235/yr
Days On Market6 days
Description
This 1930s duplex is a fantastic investment opportunity with its prime location in the heart of Little Italy directly 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 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. Flexible closing.
Property Details
Interior
Features
2nd Floor
Living
3.22 x 1.95Br
2.99 x 2.92Br
3.22 x 3.21Kitchen
3.14 x 2.15Exterior
Parking
Garage spaces 1
Garage type Detached
Other parking spaces 2
Total parking spaces 3
Get up to 0.5% cashback when you buy your dream home with Wahi Cashback
A new way to buy a home that puts cash back in your pocket.
- Our in-house Realtors do more deals and bring that negotiating power into your corner
- We leverage technology to get you more insights, move faster and simplify the process
- Our digital business model means we pass the savings onto you, with up to 0.5% cashback on the purchase of your home