189 PRESTON STREET, Ottawa, Ontario K1R 7P8
$849,900.00
- 4 bedrooms
- 2 bathrooms
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 ... read more
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:25417)
- Listing ID: 1410928
- Property Type: Single Family
- Year Built: 1930
Property | |
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Ownership: | Freehold |
Lot Size: | 22.62 Ft by 0 Ft (Irregular Lot) |
Parking: | Attached Garage 3 Spaces |
Building | |
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Type: | Single Family House |
Appliances: | Dryer, Stove, Washer and Refrigerator |
HVAC: | Central Air Conditioning, Fireplace and Forced Air Natural Gas |
Exterior: | Brick |
Basement: | Full (Partially Finished) |
Utilities: | Municipal Sewage System |
Location | |
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City: | Ottawa |
Province: | Ontario |
Nearby Amenities: | Public Transit, Recreation Nearby and Shopping |
Rooms | Level | Dimensions |
---|---|---|
4pc Bathroom | Second level | 7'2" x 4'11" |
Living room | Second level | 11'10" x 11'4" |
Bedroom | Second level | 9'10" x 9'7" |
Bedroom | Second level | 10'7" x 10'6" |
Kitchen | Second level | 10'4" x 7'1" |
Office | Second level | 10'7" x 6'5" |
Enclosed porch | Second level | 5'0" x 6'2" |
4pc Bathroom | Basement | 11'0" x 5'0" |
Family room | Basement | 21'0" x 11'6" |
Laundry room | Basement | 4'6" x 12'1" |
Utility room | Basement | Measurements not available |
Foyer | Main level | 5'7" x 11'10" |
Bedroom | Main level | 13'7" x 8'5" |
Bedroom | Main level | 11'8" x 12'0" |
Living room | Main level | 14'10" x 11'9" |
Kitchen | Main level | 18'1" x 11'8" |
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