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185 Preston Street

4205 - West Centre Town, West Centre Town, K1R 7P8

$789,900

Photo 1 of 2Photo 2 of 2
  • 0 bedrooms
  • 0 bathrooms
  • 2 parking
  • 1500-2000 sq ft

Listed 119 days ago · MLS® X13477190

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)

Details

Type
Triplex
Style
2-Storey
Size
1500-2000 sq ft
Lot
24 × 100 ft
Basement
Other
Garage
None
Kitchens
0
Property tax
$4,614 (2025)
Neighbourhood
4205 - West Centre Town
Municipality
West Centre Town

Interior

Bedrooms
0 above ground
Family room or den
No
Fireplace
No

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Brick, Brick Front
Roof
Flat
Foundation
Concrete
Faces
West

Parking

Total parking
2

Lot

Size
24 × 100 ft

More

Possession
Immediate
Cross street
Preston st and Willow St

History of this address

2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Corso Italia LRT5 min walk
  • 🚇 Bayview LRT12 min walk

Within a 10-minute walk: 3 grocery stores, 119 cafés and restaurants, 13 parks, 9 pharmacies. Nearest grocery: Kowloon Supermarket (600 m). Nearest park: Plouffe Park (150 m).

Schools nearby

Elementary

  • St. Anthony School Catholic
    EQAO: Gr 6 reading 70%    6 min walk
  • Devonshire Community Public School
    EQAO: Gr 6 reading 94%, math 65%    7 min walk
  • Cambridge St Community Public School
    EQAO: Gr 6 reading 77%, math 23%    10 min walk
  • Heritage Academy Private12 min walk

Secondary

  • Family Reception Centre5 min walk
  • Adult High School Preschool Program
    EQAO: Gr 9 math 21%    5 min walk
  • Adult High School
    EQAO: Gr 9 math 21%    5 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area K1R

Owners / renters
31% / 69%
Median household income
$74,000
Average age
40
Children under 15
8%
Homes
6% detached, 49% high-rise
Commute by transit
18%
Population
20,343

Languages spoken most at home besides English: Yue (Cantonese) 1.6%, Vietnamese 1.4%, Mandarin 1.2%, Arabic 1%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).

Living here

Commute

To downtown Ottawa: 2 km. Transit times · Driving times

Noise 1 source nearby

  • 🛣️ Highway 417400 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Short-term rentals

Only in your principal residence (whole home or part of it), with a City host permit. Rural cottage rentals have a separate permit.

City rules

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RIGHT AT HOME REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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