189 PRESTON STREET

Single Family For Sale in Ottawa, Ontario

$929,000
  • 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 $929,000
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 1385330
Listing Brokerage TRINITY-STONE REALTY INC.
Basement Area Full (Unfinished)
Postal Code K1R7P8
Zoning TM[78] H(15)
Site Influences Public Transit, Recreation Nearby, Shopping
Features Balcony

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TrinityStone Realty

Unit 109, 1300 Stittsville Main St Stittsville ON K2S 1A3

Office: (613) 417-3599

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