$789,900
( $292.56Per Sq Foot )
 $4,240 est/mo Sourced by Back At You

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

West Centre Town, ON K1R 7P8

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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)

Details

MLS #X13482170
Listing TypeFor Sale
Sub-TypeResale
StatusNew
Year0
Days On Site77
Listing Provided ByRIGHT AT HOME REALTY | X13482170 501700

Features

SQ Feet2,700
Acreage0.06

Interior

CoolingYes

Utilities

UtilitiesYes

Taxes

Tax Annual Amount4614
Tax TypeAnnual
Tax Year2025

Area Information

ProvinceON
CountyOttawa
CityWest Centre Town
Postal CodeK1R 7P8
Area4205 West Centre Town
Listing VS Median (in K1R 7P8)
Price:
$789,900
low | high
Med:
$789,900
50% of Average
sqft:
2,700
low | high
Med:
2,700
50% of Average
$ / sqft:
$293
low | high
Med:
$293
50% of Average
On site:
77
low | high
Med:
77
100% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Priya Ramnarine

Priya Ramnarine

Coldwell Banker The Real Estate Centre

 (647) 272-7279priya.ramnarine@wearetrec.com
ProvinceON
CountyOttawa
CityWest Centre Town
Postal CodeK1R 7P8
Area4205 West Centre Town
Listing VS Median (in K1R 7P8)
Price:
$789,900
low | high
Med:
$789,900
50% of Average
sqft:
2,700
low | high
Med:
2,700
50% of Average
$ / sqft:
$293
low | high
Med:
$293
50% of Average
On site:
77
low | high
Med:
77
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $592K - $987K
sqft: 2,000 - 3,000
Nearby Listings Property ImageNearby Listings Details
254 Preston Street Property Photo 1
$5,500
254 Preston Street
West Centre Town, ON K1R 7R4
71 Oak Street Property Photo 1
$34
71 Oak Street
West Centre Town, ON K1R 0G2
Listing Updated: June 30, 2026 at 12:44:20 AM PDT

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Priya Ramnarine

3485B Kingston Road
Toronto, Ontario M1M 1R4
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.
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