Personal Pic

Sean Kim

Broker
RE/MAX Real Estate Centre Inc., Brokerage Independently owned and operated. 1140 Burnhamthorpe Rd W #141-A, Mississauga, Ontario L5C4E9 Cell: 416-998-1113Office: 905-270-2000Fax: 905-270-0047

$849,900
Available - For Sale
Listing ID: X11893184
189 Preston St , West Centre Town, K1R 7P8, Ontario


This 1930s duplex is a fantastic investment opportunity with its prime location in the heart of Little Italy directly on Preston Street. There is so much future potential with a location like this directly on Preston st. The proximity to everything and convenient access to the LRT, Lebreton, Dows Lake. Many places within walking distance making you want to stay local especially in this vibrant and culturally rich neighborhood. The duplex has two separate units, each with separate hydro meters. You could choose to update and maintain it as a duplex, Alternatively, you could explore the option of demo and building commercial space and apartments above, tapping into the increasing demand for mixed-use developments. Considering the ongoing development and appreciation in such prime locations, investing in this property for the future seems like a easy decision. The potential for rental income coupled with the opportunity for future development and appreciation makes it an attractive prospect for investors looking for long-term growth. TM Zoning, Same owners 40 years. Flexible closing.
Price $849,900
Taxes: $4235.00
Address: 189 Preston St , West Centre Town, K1R 7P8, Ontario
Directions/Cross Streets: Preston and Laurel
Rooms: 12
Rooms +: 0
Bedrooms: 4
Bedrooms +: 0
Kitchens: 2
Kitchens +: 0
Family Room: Y
Basement: Finished, Full
Property Type: Duplex
Style: 2-Storey
Exterior: Brick, Brick Front
Garage Type: Detached
(Parking/)Drive: Lane
Drive Parking Spaces: 2
Pool: None
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: Central Air
Laundry Level: Lower
Elevator Lift: N
Sewers: Sewers
Water: Municipal
Utilities-Hydro: Y
Utilities-Gas: Y
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
TRINITYSTONE REALTY INC.
Personal Picture
Sean Kim
Broker
Dir:
416-998-1113
Bus:
905-270-2000
Fax:
905-270-0047
 
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At a Glance:
Type: Freehold - Duplex
Area: Ottawa
Municipality: West Centre Town
Neighbourhood: 4205 - West Centre Town
Style: 2-Storey
Lot Size: 22.62 x 0.00(Feet)
Approximate Age:
Tax: $4,235
Maintenance Fee: $0
Beds: 4
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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