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189 PRESTON STREET, Ottawa, Ontario, K1R 7P8

MLS® # X12444218
Investment For Sale In West Centertown, Ottawa, Ontario
$789,999
189 Preston Street, Ottawa, ON - Outdoor With Facade
189 Preston Street, Ottawa, ON - Outdoor
189 Preston Street, Ottawa, ON - Outdoor
189 Preston Street, Ottawa, ON - Outdoor With Exterior
189 Preston Street, Ottawa, ON - Outdoor With Facade
189 Preston Street, Ottawa, ON - Outdoor
189 Preston Street, Ottawa, ON - Indoor
189 Preston Street, Ottawa, ON - Indoor Photo Showing Living Room
189 Preston Street, Ottawa, ON - Indoor
189 Preston Street, Ottawa, ON - Indoor Photo Showing Bedroom
189 Preston Street, Ottawa, ON - Indoor
189 Preston Street, Ottawa, ON - Indoor
189 Preston Street, Ottawa, ON - Indoor Photo Showing Kitchen
189 Preston Street, Ottawa, ON - Indoor
189 Preston Street, Ottawa, ON - Indoor
189 Preston Street, Ottawa, ON - Indoor Photo Showing Bathroom
189 Preston Street, Ottawa, ON - Indoor Photo Showing Laundry Room
189 Preston Street, Ottawa, ON - Indoor Photo Showing Other Room
189 Preston Street, Ottawa, ON - Indoor Photo Showing Other Room
189 Preston Street, Ottawa, ON - Indoor Photo Showing Living Room
189 Preston Street, Ottawa, ON - Indoor Photo Showing Living Room
189 Preston Street, Ottawa, ON - Indoor Photo Showing Bathroom
189 Preston Street, Ottawa, ON - Indoor Photo Showing Other Room
189 Preston Street, Ottawa, ON - Indoor Photo Showing Kitchen
189 Preston Street, Ottawa, ON - Indoor Photo Showing Kitchen
189 Preston Street, Ottawa, ON - Indoor
189 Preston Street, Ottawa, ON - Indoor Photo Showing Other Room
189 Preston Street, Ottawa, ON - Indoor Photo Showing Other Room
189 Preston Street, Ottawa, ON -  Photo Showing Other Room
189 Preston Street, Ottawa, ON - Outdoor
189 Preston Street, Ottawa, ON - Outdoor With View
189 Preston Street, Ottawa, ON - Outdoor
189 Preston Street, Ottawa, ON - Outdoor With View
189 Preston Street, Ottawa, ON - Outdoor With View
189 Preston Street, Ottawa, ON - Outdoor With View
189 Preston Street, Ottawa, ON - Outdoor
189 Preston Street, Ottawa, ON - Outdoor
189 Preston Street, Ottawa, ON - Outdoor
189 Preston Street, Ottawa, ON - Outdoor
189 Preston Street, Ottawa, ON - Outdoor
189 Preston Street, Ottawa, ON - Outdoor
Video
189 Preston Street, Ottawa, ON  - Outdoor With Facade
189 Preston Street, Ottawa, ON  - Outdoor
189 Preston Street, Ottawa, ON  - Outdoor
189 Preston Street, Ottawa, ON  - Outdoor With Exterior
189 Preston Street, Ottawa, ON - Outdoor With Facade
189 Preston Street, Ottawa, ON - Outdoor
189 Preston Street, Ottawa, ON - Indoor
189 Preston Street, Ottawa, ON - Indoor Photo Showing Living Room
189 Preston Street, Ottawa, ON - Indoor
189 Preston Street, Ottawa, ON - Indoor Photo Showing Bedroom
189 Preston Street, Ottawa, ON - Indoor
189 Preston Street, Ottawa, ON - Indoor
189 Preston Street, Ottawa, ON - Indoor Photo Showing Kitchen
189 Preston Street, Ottawa, ON - Indoor
189 Preston Street, Ottawa, ON - Indoor
189 Preston Street, Ottawa, ON - Indoor Photo Showing Bathroom
189 Preston Street, Ottawa, ON - Indoor Photo Showing Laundry Room
189 Preston Street, Ottawa, ON - Indoor Photo Showing Other Room
189 Preston Street, Ottawa, ON - Indoor Photo Showing Other Room
189 Preston Street, Ottawa, ON - Indoor Photo Showing Living Room
189 Preston Street, Ottawa, ON - Indoor Photo Showing Living Room
189 Preston Street, Ottawa, ON - Indoor Photo Showing Bathroom
189 Preston Street, Ottawa, ON - Indoor Photo Showing Other Room
189 Preston Street, Ottawa, ON - Indoor Photo Showing Kitchen
189 Preston Street, Ottawa, ON - Indoor Photo Showing Kitchen
189 Preston Street, Ottawa, ON - Indoor
189 Preston Street, Ottawa, ON - Indoor Photo Showing Other Room
189 Preston Street, Ottawa, ON - Indoor Photo Showing Other Room
189 Preston Street, Ottawa, ON -  Photo Showing Other Room
189 Preston Street, Ottawa, ON - Outdoor
189 Preston Street, Ottawa, ON - Outdoor With View
189 Preston Street, Ottawa, ON - Outdoor
189 Preston Street, Ottawa, ON - Outdoor With View
189 Preston Street, Ottawa, ON - Outdoor With View
189 Preston Street, Ottawa, ON - Outdoor With View
189 Preston Street, Ottawa, ON - Outdoor
189 Preston Street, Ottawa, ON - Outdoor
189 Preston Street, Ottawa, ON - Outdoor
189 Preston Street, Ottawa, ON - Outdoor
189 Preston Street, Ottawa, ON - Outdoor
189 Preston Street, Ottawa, ON - Outdoor
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MULTIMEDIA

189 PRESTON STREET, Ottawa, Ontario, K1R 7P8
$789,999

Property Information:

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:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Basement Development: Finished
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Dryer, Two stoves, Washer

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 2
  • Features: Carpet Free
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 103.0 Feet
  • Lot Frontage: 22.6 Feet
  • Lot Size: 22.6 x 103 FT
  • Zoning: TM [78] H(15)
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 3

Rooms:

  • 2nd Bedroom 2nd Level 2.77 m x 2.96 m
  • 3rd Bedroom 2nd Level 3.26 m x 3.23 m
  • Living 2nd Level 3.38 m x 3.47 m
  • Kitchen 2nd Level 3.17 m x 2.16 m
  • Other 2nd Level 3.26 m x 1.98 m
  • Sun Room 2nd Level 1.50 m x 1.88 m
  • Laundry Lower Level 1.40 m x 3.68 m
  • Kitchen Main Level 5.51 m x 3.60 m
  • Foyer Main Level 1.74 m x 3.38 m
  • Living Main Level 4.30 m x 3.63 m
  • Bedroom Main Level 3.59 m x 3.66 m
  • Bedroom Main Level 4.18 m x 2.60 m

Convert Measurement to:

Courtesy of: TRINITYSTONE REALTY INC.

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Location of 189 PRESTON STREET, Ottawa, Ontario, K1R 7P8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 189 PRESTON STREET , experiences 7 hot days per year at around 31.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past
31.3℃
2050
34.7℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 189 PRESTON STREET , experiences 11 significant 2-day storms per year, with about 317.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 405.4mm of precipitation per year.

Precipitation Per Storm

Past
317.1mm
2050
405.4mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 189 PRESTON STREET, Ottawa, Ontario, K1R 7P8

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$118,838.86

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.15 %

High school certificate or equivalent

20.87 %

Apprenticeship trade certificate/diploma

3.47 %

College/non-university certificate

13.32 %

University certificate (below bachelor)

0.99 %

University Degree

44.21 %

Commuter

Travel To Work

By Car

51.59 %

By Public Transit

16.0 %

By Walking

22.58 %

By Bicycle

3.04 %

By Other Methods

6.79 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

59.54 %

Houses

40.46 %

Own Vs. Rent