189 PRESTON STREET

Single Family For Sale in Ottawa, Ontario

$849,900
  • 4 Beds
  • 2 Baths
  • Built 1930
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. (id:4069)
Address 189 PRESTON STREET
List Price $849,900
Property Type Single Family
Type of Dwelling House
Area Ontario
Sub-Area Ottawa
Bedrooms 4
Bathrooms 2
Lot Size 22.62 ft X 0 ft (Irregular Lot) Sq. Ft.
Year Built 1930
MLS® Number 1410928
Listing Brokerage TRINITYSTONE REALTY INC.
Basement Area Full (Partially finished)
Postal Code K1R7P8
Zoning TM[78] H(15)
Site Influences Public Transit, Recreation Nearby, Shopping
Features Balcony

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YOW Home Team

Innovation Realty

102-659 Sue Holloway Drive Nepean On K2J 5G3

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