$669,000
Unlock Price Rating!

189 Preston Street, Ottawa, ON K1R7P8

 Contact
4 Beds
2 Baths
- Sq Ft

This classic 1930s duplex presents a great investment opportunity in the heart of Little Italy, prominently located on Preston Street. Surrounded by ongoing development and long-term growth, this property offers exceptional future potential in one of Ottawa's most vibrant and culturally rich neighbourhoods. With flexible TM zoning, buyers have multiple options to maximize value-whether maintaining and updating the existing duplex or exploring redevelopment possibilities such as a mixed-use commercial space with residential units above.The property features two self-contained units, each with its own hydro meter, and flexible access options allowing entry from the front for both units or a separate rear entrance for the lower unit. Its unbeatable location places you within walking distance of restaurants, cafs, shops, Dows Lake, and Lebreton Flats, with convenient access to the LRT and downtown Ottawa-making it easy to live local and attract strong tenant demand.Owned by the same family for over 40 years, this is a well-established property in a rapidly appreciating area. With steady rental income potential today and significant redevelopment upside for the future, this is a compelling opportunity for investors seeking long-term growth in a prime urban location. Flexible closing available. Book your showing today and explore the possibilities. (id:58753)

Listing By: Grant Holbrook - TRINITYSTONE REALTY INC.
Source: CREA #X12659094 Listing provided courtesy of Canadian Real Estate Association
  • MLS® X12659094
  • Date Listed01/03/2026
  • Days on Realty 269 Days
  • Bedrooms 4
  • Bathrooms 2 baths
  • Lot Size -
  • Sewer Other
  • Property Type Duplex
  • Water Public

Interior Features

  • Appliances Washer, Dryer, Two stoves, Water Heater, Two Refrigerators
  • Cooling Central air conditioning
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Carpet Free

Directions

Cross Streets: Preston street and Laurel St E. ** Directions: Preston street in between Somerset W and Gladstone. East side of the street.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K1R7P8

Discover key demographics, population statistics, and environmental insights for the Ottawa, ON area.

Walkability in ON / K1R7P8

Source: Walk Score

97/100

Walker's Paradise

Walk Score ®

78/100

Excellent Transit

Transit Score ®

94/100

Biker's Paradise

Bike Score ®

Overview

Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.

Transit Summary

22 nearby routes: 21 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 67/100, Transit Score: 61/100, Bike Score: 85/100.

Points of Interest near 189 PRESTON STREET, Ottawa, ON K1R7P8

Frequently Asked Questions for 189 PRESTON STREET

Source: Realty.com

189 PRESTON STREET, Ottawa, ON K1R7P8 in Ottawa, ON K1R7P8 is a duplex listed at $669,000. Highlights include 4 bedrooms, 2 bathrooms. Realty.ca has 47 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 47 photos of 189 PRESTON STREET.

The full address for this home is 189 PRESTON STREET, Ottawa, ON K1R7P8.

189 PRESTON STREET has been listed on Realty.com since Sat January 03, 2026

Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 67/100, Transit Score: 61/100, Bike Score: 85/100.

This content last refreshed on 2026-09-29 18:57:48. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.