West Centre Town, ON K1R 7P8,189 PRESTON ST
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$ 849,900
Est. payment | /mo

4 Beds

2 Baths


$ 849,900
Est. payment | /mo

4 Beds

2 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

MLS Listing ID X9519023

Style 2-Storey

Bedrooms 4

Annual Tax Amount $4,235

Tax Year 2023

Property Description

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., Flooring: Hardwood, Flooring: Mixed

Location

Province ON

County Ottawa

Area 4205 - West Centre Town

Rooms

Family Room Yes

Basement Full, Partially Finished

Interior

Interior Features Water Heater Owned

Cooling Central Air

Heat Source Gas

Exterior

Garage Unknown

Pool None

Roof Type Asphalt Shingle

Parking Type Attached

Total Parking Spaces 3

Building

Unit Features Public Transit,Park,Major Highway

Foundation Concrete

Others

Security Features Unknown

Pets Description Unknown

Listed by TRINITYSTONE REALTY INC.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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189 PRESTON ST