$789,900

Duplex

189 Preston Street, Ottawa, ON

3 DAYS
4
2
1
1500-2000
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Listed by TRINITYSTONE REALTY INC.

Property Highlights

Garage

1 space

Property Tax

$4,435/yr

Age

51-99 yrs

Lot Size

2,329 sqft

Style

2-Storey

Basement

Full, Partially Finished

Monthly Cost

$3,705/mo

About This Home

This classic 1930s duplex presents a great investment opportunity in the heart of Little Italy, prominently located on Preston Street. Surrounded by ongoing development and long-term growth, this property offers exceptional future potential in one of Ottawa's most vibrant and culturally rich neighbourhoods. With flexible TM zoning, buyers have multiple options to maximize value-whether maintaining and updating the existing duplex or exploring redevelopment possibilities such as a mixed-use commercial space with residential units above.The property features two self-contained units, each with its own hydro meter, and flexible access options allowing entry from the front for both units or a separate rear entrance for the lower unit. Its unbeatable location places you within walking distance of restaurants, cafés, shops, Dows Lake, and Lebreton Flats, with convenient access to the LRT and downtown Ottawa-making it easy to live local and attract strong tenant demand.Owned by the same family for over 40 years, this is a well-established property in a rapidly appreciating area. With steady rental income potential today and significant redevelopment upside for the future, this is a compelling opportunity for investors seeking long-term growth in a prime urban location. Flexible closing available. Book your showing today and explore the possibilities.

Monthly Cost

Monthly Mortgage$3,336
Property Tax ($4,435/yr)$370
Total$3,706

Price & Listing History

Schools

Location

Tap to view full map

Rooms

Main Level

Foyer: 1.74m × 3.38m
Bedroom 2: 4.18m × 2.60m
Kitchen: 5.51m × 3.60m
Bedroom: 3.59m × 3.66m
Living Room: 4.30m × 3.63m

Second Level

Sunroom: 1.50m × 1.88m
Bathroom: 0.0 × 0.0
Bedroom 3: 3.26m × 3.23m
Living Room: 3.38m × 3.47m
Kitchen: 3.17m × 2.16m
Bedroom 4: 2.77m × 2.96m
Other: 3.26m × 1.98m

Lower Level

Bathroom: 0.0 × 0.0
Laundry: 1.40m × 3.68m
Common Room: 6.40m × 3.53m

Listing Presented By

Iryna Tarabanovska

Iryna Tarabanovska

REALTOR®

+1 (647) 570-8221
iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage