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$789,900
Ontario,Ottawa
For Sale Active
185 PRESTON STREET, Ottawa, Ontario K1R7P8
  • 1500 - 2000Square Feet
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Basic Details
Description

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) (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: X13477190
  • Price: $789,900
  • Square Footage: 1500 - 2000 Sqft
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 285006
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Central air conditioning
  • Basement: N/A, Other, See Remarks
  • Parking: No Garage
  • Exterior Features: Brick, Brick Facing
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, Ottawa, K1R7P8
  • Street: Preston
  • Street Number: 185
  • Street Suffix: Street
  • Longitude: W76° 17' 14.2''
  • Latitude: N45° 24' 23.2''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Size Dimensions: 24 x 100 FT
  • Stories: 2.0
Financial
  • Tax Annual Amount: 4614
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Listing updated: 2026-06-23 22:56:58
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Listing Information
  • List Agent Key: 2070787
  • List Office Key: 285006
  • Modification Timestamp: 2026-06-23T03:30:03Z
  • Originating System Name: Ottawa Real Estate Board
  • Status Change Timestamp: 2026-06-23T03:24:51Z
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Listing updated: 2026-06-23 22:56:59
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