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189 PRESTON STREET
Ottawa, Ontario K1R7P8

$880,000

ID# 1396761

ABOUT THIS PROPERTY


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:58571)

PROPERTY DETAILS


Bathroom Total 2
Bedrooms Total 4
Half Bathrooms Total 0
Year Built 1930
Cooling Type Central air conditioning
Flooring Type Mixed Flooring, Hardwood
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 2
4pc BathroomSecond level7'2" x 4'11"
Living roomSecond level11'10" x 11'4"
BedroomSecond level9'10" x 9'7"
BedroomSecond level10'7" x 10'6"
KitchenSecond level10'4" x 7'1"
OfficeSecond level10'7" x 6'5"
Enclosed porchSecond level5'0" x 6'2"
4pc BathroomBasement11'0" x 5'0"
Family roomBasement21'0" x 11'6"
Laundry roomBasement4'6" x 12'1"
Utility roomBasementMeasurements not available
FoyerMain level5'7" x 11'10"
BedroomMain level13'7" x 8'5"
BedroomMain level11'8" x 12'0"
Living roomMain level14'10" x 11'9"
KitchenMain level18'1" x 11'8"

Property Type


Single Family
Courtesy of TRINITYSTONE REALTY INC.

Listed on: June 10, 2024

On market: 6 days

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