Address
185 Preston Street, Ottawa, ON
Price
$ 789,900
Property Attributes
- ID#X13477190
- TypeMulti-Family
- Listing Status Active
- MunicipalityOttawa
- CityOttawa
- Area4205 - West Centre Town
- Neighbourhood4205 - West Centre Town
- Postal CodeK1R 7P8
- Style
- Price$ 789,900
- Bedrooms0
- Bathrooms0
- Half Bathrooms0
Data Source:
Canadian Real Estate Association (CREA)
Property Description
Prime redevelopment and value-add opportunity in the heart of Ottawa's Little Italy. Existing triplex with approved plans and supporting consultant reports for conversion to a mixed-use building consisting of a ground-floor commercial unit and two residential units above. Extensive pre-development work has been completed, including architectural drawings, structural review, Hydro Ottawa clearance review, mechanical design and permit-related submissions. Purchasers benefit from significant time savings by acquiring a project that has already progressed through the planning and design process. The proposed design retains the existing structure while introducing a modern mixed-use layout suited for retail, professional office, service commercial or similar permitted uses. Rear parking available. Located within one of Ottawa's most established urban corridors, minutes from Dow's Lake, the future Ottawa Senators arena district, Chinatown, the Rideau Canal, public transit and major employment nodes. An excellent opportunity for builders, contractors, investors and owner-operators seeking a manageable urban infill project with substantial due diligence already completed. (Renderings depict a conceptual representation of the proposed redevelopment) (id:7434)
General Features
| Property Type | Multi-family |
|---|---|
| CommunityName | 4205 - West Centre Town |
| Building Cooling Type | Central air conditioning |
| Location Description | Cross Streets: Preston st and Willow St. ** Directions: West on Somerset, Left on Preston street, Home is on the left. |
| Parking Space Total | 2 |
| Foundation Type | Concrete |
| Building Type | Triplex |
| Building.StoriesTotal | 2 |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Forced air |
| Building Heating Fuel | Natural gas |
| Basement Development | Other, See Remarks |
| Basement Type | N/A (Other, See Remarks) |
| Living Area Range | 1500 |
Exterior Features
| Sewer | Sanitary sewer |
|---|---|
| Exterior Finish | Brick, Brick Facing |
Amenities
- Views
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in K1R 7P8
Price
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating