$699,999
FOR SALE

Duplex 2-Storey

Bedrooms: 4Bathrooms: 2Lot: 22.62 x 102.95 ft
2025 Taxes: $4,435

189 Preston St
West Centre Town, ON K1R 7P8 | 4205 - West Centre Town | Ottawa

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.
Extras
Accessory Apartment, Carpet Free, In-Law Capability, Primary Bedroom - Main Floor, Separate Hydro Meter, Water Heater Owned, Storage
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Listed By TRINITYSTONE REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12659094
Last Updated Apr 17, 2026
Property Summary
Property Type Duplex

More like this:
PIN 041080179
Legal Description PT LTS 4 & 5, PL 62 , AS IN NS134939, S/T & T/WNS134939, S/T CR567251 & CR667071 ;OTTAWA/NEPEAN
Possession Date TBA
Taxes (2025) $4,435
Directions/Cross Streets Preston street and Laurel St E
Neighbourhood 4205 - West Centre Town
Area Ottawa
Price History

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Detailed Information
Fronting On East
Special Designations Unknown
Bedrooms 4
Bathrooms 2
Lot 22.62 x 102.95 ft
Exterior Brick
Air Conditioning Central Air
Family Room Y
Basement Full, Partially Finished
Garage Type Detached
Garage/Park Spaces Y
Parking Spaces 2
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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