NewFor Sale

185 Preston Street
West Centre Town, Ottawa, ON, K1R 7P8

Investment
TRREB
MLS® Number: X13482170
$789,900List Price
InvestmentProperty Type
2,700 sq ftSize
$4,614 / 2025Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 185 Preston Street, West Centre Town, ON K1R 7P8

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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)

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$4,614 / 2025
Listing #:X13482170
Property Type:Investment
Size:2,700 sq ft
Land Size:24 x 100
Days on CPRB:
Garage:Lane
Locker:None
On CPRB Since:
Listing Brokerage:RIGHT AT HOME REALTY

Rooms

Details

Property

Property Type:Investment
Community:4205 - West Centre Town
Municipality:Ottawa

Building

Size:2,700 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Lane
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Open

Land

Cross Street:Preston Street and Willow Street

$789,900

List price

185 Preston Street, West Centre Town – Investment for sale · MLS® # X13482170