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185 Preston Street, West Centre Town, ON K1R 7P8

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

Sq Ft
Investment Type
X13482170 MLS#

About this property

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)

Features & Amenities

  • Garage: Lane
  • Cooling: Yes
  • Heat Type: Gas Forced Air Open

Property Details

Property Type Commercial
Property Sub-Type Investment
Garage Lane
Heat Type Gas Forced Air Open
Cooling Yes
Annual Tax $4,614
Tax Year 2025

Building & Construction

Building Area Total
2700

Heating & Cooling

Heat Type
Gas Forced Air Open
Cooling
Yes

Parking & Garage

Garage Type
Lane

Lot & Land

Lot Size Units
Feet
Lot Depth
100.00
Lot Width
24.00

Financial & Tax

Tax Annual Amount
$4,614
Tax Year
2025
Possession Type
Immediate
Possession Details
Immediate

Utilities & Services

Utilities
Yes

Additional Details

Occupant Type
Vacant
County Or Parish
Ottawa
Cross Street
Preston Street and Willow Street
Directions
Westbound on Somerset St, left on Preston street, property will be on the left.
Showing Requirements
See Brokerage Remarks
Listing courtesy of RIGHT AT HOME REALTY
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