Salehian.com 647-325-5000

189 Preston Street

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

$669,000

Reduced $120,900 from $789,900

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  • 4 bedrooms
  • 2 bathrooms
  • 3 parking
  • 1500-2000 sq ft

Listed 290 days ago · MLS® X12659094

About this home

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.

Details

Type
Duplex
Style
2-Storey
Age
51-99 years
Size
1500-2000 sq ft
Lot
22.62 × 102.95 ft
Basement
Full, Partially Finished
Garage
Detached
Kitchens
2
Property tax
$4,435 (2025)
Neighbourhood
4205 - West Centre Town
Municipality
West Centre Town

Interior

Bedrooms
4 above ground
Bathrooms
1 × 4-piece (lower), 1 × 4-piece (second)
Rooms
8 above ground
Family room or den
Yes
Fireplace
No
Features
Accessory Apartment, Carpet Free, In-Law Capability, Primary Bedroom - Main Floor, Separate Hydro Meter, Water Heater Owned, Storage

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
Asphalt Shingle
Foundation
Concrete
Age
51-99 years
Faces
East

Parking

Garage spaces
1
Total parking
3
Driveway and parking
Private

Lot

Size
22.62 × 102.95 ft (rectangular)

More

Possession
TBA
Cross street
Preston street and Laurel St E

Rooms

RoomLevelSizeFeatures
Bedroom 4Second2.77 × 2.96 m (9'1" × 9'9")
Bedroom 3Second3.26 × 3.23 m (10'8" × 10'7")
Living RoomSecond3.38 × 3.47 m (11'1" × 11'5")
KitchenSecond3.17 × 2.16 m (10'5" × 7'1")
OtherSecond3.26 × 1.98 m (10'8" × 6'6")
SunroomSecond1.5 × 1.88 m (4'11" × 6'2")
FoyerMain1.74 × 3.38 m (5'9" × 11'1")
Living RoomMain4.3 × 3.63 m (14'1" × 11'11")
BedroomMain3.59 × 3.66 m (11'9" × 12')
Bedroom 2Main4.18 × 2.6 m (13'9" × 8'6")
KitchenMain5.51 × 3.6 m (18'1" × 11'10")
Common RoomLower6.4 × 3.53 m (21' × 11'7")
LaundryLower1.4 × 3.68 m (4'7" × 12'1")
BathroomLower4 Pc Bath
BathroomSecond4 Pc Bath

History of this address

6 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%    8 min walk
  • Cambridge St Community Public School
    EQAO: Gr 6 reading 77%, math 23%    9 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 TRINITYSTONE REALTY INC..

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

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