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For Sale

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

$789,900

  • Investment
  • MLS® X13482170

Listing Brokerage: RIGHT AT HOME REALTY

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)

Property details

MLS® number
X13482170
Transaction
For Sale
Property type
Commercial
Style / use
Investment
Community
4205 - West Centre Town
City
West Centre Town
Building area
2700 Square Feet
Lot width
24 Feet
Lot depth
100 Feet
Heating
Gas Forced Air Open
Cooling
Yes
Garage
Lane
Taxes
$4,614.00
Tax year
2025
Listing brokerage
RIGHT AT HOME REALTY

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