189 PRESTON STREET
Ottawa, Ontario K1R7P8

$849,900

ID# X11893184
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. (id:25961)

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General Inquiry
Courtesy of TRINITYSTONE REALTY INC.

Listed on: December 14, 2024

On market: 88 days
Bathroom Total 2
Bedrooms Total 4
Cooling Type Central air conditioning
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 2
BedroomSecond level2.99 m x 2.92 m
BedroomSecond level3.22 m x 3.21 m
KitchenSecond level3.14 m x 2.15 m
Living roomSecond level3.22 m x 1.95 m
BedroomMain level4.14 m x 2.56 m
Bedroom 2Main level3.55 m x 3.65 m
Living roomMain level4.52 m x 3.58 m
KitchenMain level5.51 m x 3.55 m
BedroomSecond level2.99 m x 2.92 m
BedroomSecond level3.22 m x 3.21 m
KitchenSecond level3.14 m x 2.15 m
Living roomSecond level3.22 m x 1.95 m
BedroomMain level4.14 m x 2.56 m
Bedroom 2Main level3.55 m x 3.65 m
Living roomMain level4.52 m x 3.58 m
KitchenMain level5.51 m x 3.55 m

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DAVID OIKLE

BROKER

384 Richmond Road

Ottawa, ON. K2A 0E8

Phone: 613.729.9090

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