185 Preston Street, West Centre Town, ON K1R 7P8
West Centre Town, ON, K1R 7P8 · 4205 - West Centre Town
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
Location
185 Preston Street, West Centre Town, ON K1R 7P8, West Centre Town, ON, K1R 7P8