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185 Preston Street
4205 - West Centre Town West Centre Town K1R 7P8

$789,900 /For Sale
Commercial

Main Photo: 185 Preston Street in West Centre Town: 4205 - West Centre Town Commercial for sale : MLS®# X13482170
Photo 1: 185 Preston Street in West Centre Town: 4205 - West Centre Town Commercial for sale : MLS®# X13482170
Photo 2: 185 Preston Street in West Centre Town: 4205 - West Centre Town Commercial for sale : MLS®# X13482170
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X13482170
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)
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
2700 sq. ft. Square Feet
Total Area:
2,700 sq. ft.
Lot Depth:
100'
Lot Frontage:
24'
Water supply:
Municipal
Zoning:
TM[78] and MS1[78]H(19.1)
Heating type:
Gas Forced Air Open
Garage:
Lane
Possession Details:
Immediate
HST Applicable To Sale Price:
In Addition To
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$4,614 / 2025
Assessment:
$- / 2025
Ottawa
West Centre Town
4205 - West Centre Town
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Category:
Apartment
Date Listed:
Jun 24, 2026
Original Price:
Previous Price:
  • Photo 1: 185 Preston Street in West Centre Town: 4205 - West Centre Town Commercial for sale : MLS®# X13482170
    Photo 1 of 2
  • Photo 2: 185 Preston Street in West Centre Town: 4205 - West Centre Town Commercial for sale : MLS®# X13482170
    Photo 2 of 2
Listed by RIGHT AT HOME REALTY
Data was last updated June 24, 2026 at 08:15 PM (UTC)
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