DAVID OIKLE

BROKER

189 PRESTON STREET
Ottawa, Ontario K1R7P8

$849,900

ID# X12030263
This 1930s duplex is a fantastic investment opportunity with its prime location in the heart of Little Italydirectly 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 withinwalking 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 andmaintain it as a duplex, Alternatively, you could explore the option of demo and building commercial spaceand apartments above, tapping into the increasing demand for mixed-use developments. Considering theongoing development and appreciation in such prime locations, investing in this property for the futureseems like a easy decision. The potential for rental income coupled with the opportunity for futuredevelopment and appreciation makes it an attractive prospect for investors looking for long-term growth.TM Zoning, Same owners 40+ years. Flexible closing. (id:25961)

INTERESTED IN THIS PROPERTY?

General Inquiry
Courtesy of TRINITYSTONE REALTY INC.

Listed on: March 19, 2025

On market: 2 days
Bathroom Total 2
Bedrooms Total 4
Cooling Type Central air conditioning
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 2
BedroomSecond level2.77 m x 2.96 m
BedroomSecond level3.26 m x 3.23 m
Living roomSecond level3.38 m x 3.47 m
OtherSecond level3.26 m x 1.98 m
KitchenSecond level3.17 m x 2.16 m
BathroomSecond level2.19 m x 1.25 m
SunroomSecond level1.5 m x 1.88 m
Laundry roomBasement1.4 m x 3.68 m
BathroomBasement3.35 m x 1.52 m
BedroomGround level4.18 m x 2.6 m
KitchenGround level5.51 m x 3.6 m
FoyerGround level1.74 m x 3.38 m
Living roomGround level4.3 m x 3.63 m
BedroomGround level3.59 m x 3.66 m
BedroomSecond level2.77 m x 2.96 m
BedroomSecond level3.26 m x 3.23 m
Living roomSecond level3.38 m x 3.47 m
OtherSecond level3.26 m x 1.98 m
KitchenSecond level3.17 m x 2.16 m
BathroomSecond level2.19 m x 1.25 m
SunroomSecond level1.5 m x 1.88 m
Laundry roomBasement1.4 m x 3.68 m
BathroomBasement3.35 m x 1.52 m
BedroomGround level4.18 m x 2.6 m
KitchenGround level5.51 m x 3.6 m
FoyerGround level1.74 m x 3.38 m
Living roomGround level4.3 m x 3.63 m
BedroomGround level3.59 m x 3.66 m

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DAVID OIKLE

BROKER

384 Richmond Road

Ottawa, ON. K2A 0E8

Phone: 613.729.9090

CONTACT DAVE

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