185 Preston Street,West Centre Town, ON K1R 7P8
West Centre Town, ON K1R 7P8
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)
Details
| MLS # | X13477190 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Extension |
| Year | 0 |
| Days On Site | 59 |
| Listing Provided By | RIGHT AT HOME REALTY | X13477190 501700 |
Features
| Story(s) | 2 |
|---|---|
| Acreage | 0.06 |
Interior
| Interior Features | None |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Flat |
|---|---|
| Foundation Details | Concrete |
| Construction Materials | Brick, Brick Front |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 4614 |
|---|---|
| Tax Legal Description | PT LT 4, PL 62 , AS IN N584187, S/T & T/W N584187, S/T CR567251 & CR667071 ; OTTAWA/NEPEAN |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Ottawa |
| City | West Centre Town |
| Postal Code | K1R 7P8 |
| Area | 4205 West Centre Town |
| Listing VS Median (in K1R 7P8) | |
Price: $789,900 low | high Med: $789,900 On site: 59 low | high Med: 57 | |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Ottawa |
| City | West Centre Town |
| Postal Code | K1R 7P8 |
| Area | 4205 West Centre Town |
| Listing VS Median (in K1R 7P8) | |
Price: $789,900 low | high Med: $789,900 On site: 59 low | high Med: 57 | |
