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$ 849,900
Est. payment /mo
Active
189 Preston ST West Centre Town, ON K1R 7P8
4 Beds
2 Baths
UPDATED:
02/19/2025 02:59 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision 4205 - West Centre Town
MLS Listing ID X11893184
Style 2-Storey
Bedrooms 4
Annual Tax Amount $4,235
Tax Year 2023
Property Sub-Type Duplex
Property 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.
Location
State ON
County Ottawa
Community 4205 - West Centre Town
Area Ottawa
Rooms
Family Room Yes
Basement Finished, Full
Kitchen 2
Interior
Interior Features Water Heater Owned
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Private, Lane
Garage Spaces 1.0
Pool None
Waterfront Description None
Roof Type Asphalt Shingle
Lot Frontage 22.62
Total Parking Spaces 3
Building
Foundation Concrete
Others
Virtual Tour https://www.myvisuallistings.com/vt/346121
Listed by TRINITYSTONE REALTY INC.