185 Preston Street

ActiveWest Centre Town · 4205 - West Centre Town45 days on marketMLS® X13477190
$789,900
$527 / sq ft
Bedrooms0
Bathrooms0
Interior1,500 sq ft
TypeMulti-Family
ListingFor Sale
Days on Market45

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 & finishes

View
Air Conditioning
Basement

Property details

MLS® NumberX13477190
StatusActive
Listing TypeFor Sale
Property TypeMulti-Family
Interior Size1,500 sq ft
Beds / Baths0 bed · 0 bath
Neighbourhood4205 - West Centre Town
CityWest Centre Town
Postal CodeK1R 7P8
ProvinceON
Listed DateJune 23, 2026
Days on Market45
Price per Sq Ft$527
BrokerageRIGHT AT HOME REALTY

Location

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