This 1930s duplex is a fantastic investment opportunity with its prime location in the heart of Little Italy directly on Preston Street and so much future potential with a location like this. 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 can enter both units from the front or close it off and make the back entrance only for the lower unit. Choose to update and maintain it as a duplex, Alternatively, you could explore the option of demo the building and create a commercial space and apartments above, tapping into the increasing demand for mixed-use developments. Considering the ongoing development and appreciation in such a prime location, 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. Book an appointment to check out this fantastic future opportunity. (id:37351)
| MLS® Number | X12444218 |
| Property Type | Multi-family |
| Community Name | 4205 - West Centre Town |
| Features | Carpet Free |
| ParkingSpaceTotal | 3 |
| BathroomTotal | 2 |
| BedroomsAboveGround | 4 |
| BedroomsTotal | 4 |
| Appliances | Dryer, Water Heater, Two Stoves, Washer, Two Refrigerators |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick, Brick Facing |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1,500 - 2,000 Ft2 |
| Type | Duplex |
| UtilityWater | Municipal Water |
| Detached Garage | |
| Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 103 Ft |
| SizeFrontage | 22 Ft ,7 In |
| SizeIrregular | 22.6 X 103 Ft |
| SizeTotalText | 22.6 X 103 Ft |
| ZoningDescription | Tm [78] H(15) |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom 2 | 2.77 m | 2.96 m | 2.77 m x 2.96 m |
| Second Level | Bedroom 3 | 3.26 m | 3.23 m | 3.26 m x 3.23 m |
| Second Level | Living Room | 3.38 m | 3.47 m | 3.38 m x 3.47 m |
| Second Level | Kitchen | 3.17 m | 2.16 m | 3.17 m x 2.16 m |
| Second Level | Other | 3.26 m | 1.98 m | 3.26 m x 1.98 m |
| Second Level | Sunroom | 1.5 m | 1.88 m | 1.5 m x 1.88 m |
| Lower Level | Laundry Room | 1.4 m | 3.68 m | 1.4 m x 3.68 m |
| Main Level | Kitchen | 5.51 m | 3.6 m | 5.51 m x 3.6 m |
| Main Level | Foyer | 1.74 m | 3.38 m | 1.74 m x 3.38 m |
| Main Level | Living Room | 4.3 m | 3.63 m | 4.3 m x 3.63 m |
| Main Level | Bedroom | 3.59 m | 3.66 m | 3.59 m x 3.66 m |
| Main Level | Bedroom | 4.18 m | 2.6 m | 4.18 m x 2.6 m |
https://www.realtor.ca/real-estate/28950074/189-preston-street-ottawa-4205-west-centre-town
Contact us for more information
Grant Holbrook
Salesperson
(613) 417-3599
www.trinitystonerealty.com/