449 Preston Street

Ottawa, Ontario K1S 4N5

1,600 sqft Interior

25 X 75 Ft Lot size

52 days ago Listed

Fully Air Conditioned Baseboard Heaters

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About this home

Prime Location on Preston Street one block from Claridge's ICON Building, Soho Italia Building and very close to Dow's Lake LRT Station and future Ottawa Hospital. Commercial/Residential building. Restaurant on ground floor + 1 bedroom apartment above. Approx. 1600 sq ft including finished basement. NOI: approx. $57k/annum. Potential future development while earning income from existing tenants. Ideal as an investment property. (id:28469)

Facts & features

Property

MLS® Number: X13529292
Property Type: Retail
Neighbourhood: Little Italy
Community Name: 4502 - West Centre Town

Building

Cooling Type: Fully Air Conditioned
Heating Type: Baseboard Heaters
Size Interior: 1,600 Sqft
Type: Residential Commercial Mix
Utility Water: Municipal Water

Land

Acreage: No
Size Depth: 75 Ft
Size Frontage: 25 Ft
Size Irregular: 25 X 75 Ft
Size Total Text: 25 X 75 Ft
Zoning Description: Ms1[86] H(19.5)

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $4,206/mo
Ontario land transfer tax: $15,475 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The West Centre Town market

31 Active listings

$439,900 Median asking price

116% above median This home

36 days Avg. time on market

Browse all West Centre Town listings →

Location

449 Preston Street, Ottawa, Ontario K1S 4N5 · Get directions