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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:28469)

Property Details

MLS® Number 1410928
Property Type Single Family
Neigbourhood Little Italy
AmenitiesNearBy Public Transit, Recreation Nearby, Shopping
Features Balcony
ParkingSpaceTotal 3

Building

BathroomTotal 2
BedroomsAboveGround 4
BedroomsTotal 4
Appliances Refrigerator, Dryer, Stove, Washer
BasementDevelopment Partially Finished
BasementType Full (partially Finished)
ConstructedDate 1930
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Brick
FlooringType Mixed Flooring, Hardwood
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
Type House
UtilityWater Municipal Water

Parking

Attached Garage

Land

AccessType Highway Access
Acreage No
LandAmenities Public Transit, Recreation Nearby, Shopping
Sewer Municipal Sewage System
SizeFrontage 22 Ft ,7 In
SizeIrregular 22.62 Ft X 0 Ft (irregular Lot)
SizeTotalText 22.62 Ft X 0 Ft (irregular Lot)
ZoningDescription 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"