185 PRESTON STREET, Ottawa

2026-06-23
 

Quick Summary

Location
185 PRESTON STREET, Ottawa, Ontario K1R7P8
Price
$789,900 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
1500 - 2000 sqft
Garages:
2

MLS®#X13477190

Property 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) (id:32467)

Property Features

Building

  • Basement Development: Other, See Remarks
  • Basement Type: N/A (Other, See Remarks)
  • Cooling Type: Central air conditioning
  • Exterior Finish: Brick, Brick Facing
  • Fireplace: No
  • Interior Size: 1500 - 2000 sqft
  • Building Type: Triplex
  • Stories: 2
  • Utility Water: Municipal water

Land

  • Land Size: 24 x 100 FT
  • Sewer: Sanitary sewer

Information entered by RIGHT AT HOME REALTY
Listing information last updated on: 2026-06-23 03:24:51


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