189 Preston Street Ottawa, Ontario K1R 7P8

4 Bedroom 2 Bathroom
Central Air Conditioning Forced Air

$849,900

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:37553)

Property Details

MLS® Number 1410928
Property Type Single Family
Neigbourhood Little Italy
Amenities Near By Public Transit, Recreation Nearby, Shopping
Features Balcony
Parking Space Total 3

Building

Bathroom Total 2
Bedrooms Above Ground 4
Bedrooms Total 4
Appliances Refrigerator, Dryer, Stove, Washer
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1930
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick
Flooring Type Mixed Flooring, Hardwood
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Type House
Utility Water Municipal Water

Parking

Attached Garage

Land

Access Type Highway Access
Acreage No
Land Amenities Public Transit, Recreation Nearby, Shopping
Sewer Municipal Sewage System
Size Frontage 22 Ft ,7 In
Size Irregular 22.62 Ft X 0 Ft (irregular Lot)
Size Total Text 22.62 Ft X 0 Ft (irregular Lot)
Zoning Description Tm[78] H(15)

Rooms

Level Type Dimensions
Second Level 4pc Bathroom 7'2" x 4'11"
Second Level Living Room 11'10" x 11'4"
Second Level Bedroom 9'10" x 9'7"
Second Level Bedroom 10'7" x 10'6"
Second Level Kitchen 10'4" x 7'1"
Second Level Office 10'7" x 6'5"
Second Level Enclosed Porch 5'0" x 6'2"
Basement 4pc Bathroom 11'0" x 5'0"
Basement Family Room 21'0" x 11'6"
Basement Laundry Room 4'6" x 12'1"
Basement Utility Room Measurements not available
Main Level Foyer 5'7" x 11'10"
Main Level Bedroom 13'7" x 8'5"
Main Level Bedroom 11'8" x 12'0"
Main Level Living Room 14'10" x 11'9"
Main Level Kitchen 18'1" x 11'8"

https://www.realtor.ca/real-estate/27410232/189-preston-street-ottawa-little-italy