Royal LePage Team Realty
Royal LePage Team Realty

1723 Carling Avenue

Ottawa, ON, Canada

189 Preston Street

Description

This 1930s duplex is a fantastic investment opportunity with its prime location in the heart of Little Italy directly on Preston Street. The proximity to everything and convenient access to the LRT, Lebreton, Dows Lake. Many places within walking distance making you want to stay local especially in this vibrant and culturally rich neighborhood. The duplex has two separate units, each with separate hydro meters. You could choose to update and maintain it as a duplex, Alternatively, you could explore the option of demo and building commercial space and apartments above, tapping into the increasing demand for mixed-use developments. Considering the ongoing development and appreciation in such prime locations, investing in this property for the future seems like a easy decision. The potential for rental income coupled with the opportunity for future development and appreciation makes it an attractive prospect for investors looking for long-term growth. TM Zoning, Same owners 40 years. (id:25961)

Business Details

Year Established
2002

Service Areas

Ottawa
Westboro
Barrhaven
Kanata
Nepean
Manotick
Kemptville
Stittsville
Carleton Place
Bells Corners
Hunt Club
Barry's Bay
Winchester
Arnprior

Additional Resources