$789,900
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185 Preston Street, Ottawa, ON K1R7P8

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- Beds
0 Baths
2,700 Sq Ft

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) (id:58753)

Listing By: Ali Novin - RIGHT AT HOME REALTY
Source: CREA #X13482170 Listing provided courtesy of Canadian Real Estate Association
  • MLS® X13482170
  • Date Listed06/24/2026
  • Days on Realty 96 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Property Type Multi Family
  • Water Public
  • Square Feet 2,700 sq. ft
  • Price Per Sq. Ft $292.56

Interior Features

  • Cooling Fully air conditioned
  • Heating Forced air, Natural gas

Exterior / Lot Features

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

Directions

Cross Streets: Preston Street and Willow Street. ** Directions: Westbound on Somerset St, left on Preston street, property will be on the left.

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 185 PRESTON STREET, Ottawa, ON K1R7P8

Frequently Asked Questions for 185 PRESTON STREET

Source: Realty.com

185 PRESTON STREET, Ottawa, ON K1R7P8 in Ottawa, ON K1R7P8 is a multi family listed at $789,900. Highlights include 2,700 sq. ft., $293 per sq. ft.. Realty.ca has 2 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 2 photos of 185 PRESTON STREET.

The full address for this home is 185 PRESTON STREET, Ottawa, ON K1R7P8.

185 PRESTON STREET has been listed on Realty.com since Wed June 24, 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.

Listing provided courtesy of: RIGHT AT HOME REALTY
Listing agent: Ali Novin

This content last refreshed on 2026-09-28 15:08:36. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.