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ACTIVE LISTING

185 Preston Street

West Centre Town, ON K1R 7P8 · MLS® X13482170

$789,900List price
—Bedrooms
—Bathrooms
2700Area (sq ft)
InvestmentProperty type

About this home

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

Property typeCommercial
CoolingYes
Annual property tax4614

Listing and transaction history

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Available local context

Current IDX records for West Centre Town: 5 active sale listings, with asking prices ranging from $349,900 to $2,600,000.

These are imported inventory statistics, not completed-sale comparables or an independent market-value estimate. Historical sale data is restricted to authorized VOW users.

Nearby homes for sale

Active listings within West Centre Town, ordered by similarity in asking price. These are not verified comparable sales.

Walkability and nearby amenities

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