Address
185 Preston Street, Ottawa, ON
Price
$ 789,900
Property Attributes
- ID#X13482170
- 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
- Sqr Footage2700
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 |
|---|---|
| Zoning Description | TM[78] and MS1[78]H(19.1) |
| CommunityName | 4205 - West Centre Town |
| Building Cooling Type | Fully air conditioned |
| Location Description | Cross Streets: Preston Street and Willow Street. ** Directions: Westbound on Somerset St, left on Preston street, property will be on the left. |
| Building Type | Multi-Family |
Interior Features
| Building Fireplace Present | False |
|---|---|
| Building Heating Type | Forced air |
| Building Heating Fuel | Natural gas |
| Living Area Range | 2700 |
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
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