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. |
Price | $849,900 |
Taxes: | $4235.00 |
Address: | 189 Preston St , West Centre Town, K1R 7P8, Ontario |
Directions/Cross Streets: | Preston and Laurel |
Rooms: | 12 |
Rooms +: | 0 |
Bedrooms: | 4 |
Bedrooms +: | 0 |
Kitchens: | 2 |
Kitchens +: | 0 |
Family Room: | Y |
Basement: | Finished, Full |
Property Type: | Duplex |
Style: | 2-Storey |
Exterior: | Brick, Brick Front |
Garage Type: | Detached |
(Parking/)Drive: | Lane |
Drive Parking Spaces: | 2 |
Pool: | None |
Fireplace/Stove: | N |
Heat Source: | Gas |
Heat Type: | Forced Air |
Central Air Conditioning: | Central Air |
Laundry Level: | Lower |
Elevator Lift: | N |
Sewers: | Sewers |
Water: | Municipal |
Utilities-Hydro: | Y |
Utilities-Gas: | Y |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
TRINITYSTONE REALTY INC. |
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Type: | Freehold - Duplex |
Area: | Ottawa |
Municipality: | West Centre Town |
Neighbourhood: | 4205 - West Centre Town |
Style: | 2-Storey |
Tax: | $4,235 |
Beds: | 4 |
Baths: | 2 |
Fireplace: | N |
Pool: | None |