
185 Preston Street
Ottawa (West Centre Town), ON K1R 7P8
- —Bedrooms
- —Bathrooms
- 2Parking
- 1500–2000Sq Ft
- $4,614Tax
- 24×100 ftLot Size
- Free EstimateSee Free Estimate Report
Sale & Price History for 185 Preston Street, Ottawa, West Centre Town
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 185 Preston Street, Ottawa, West Centre Town
Summarized Description
- Prime redevelopment opportunity in Ottawa's Little Italy.
- Existing triplex with approved mixed-use plans.
- Extensive pre-development work completed.
- Modern layout for retail and residential use.
- Significant time savings for new owners.
- Located near major urban amenities.
- Ideal for builders and investors.
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)
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,614
- Land Transfer Tax Fee
- $12,273
- Basement Type
- Other
Interior Features
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick, Brick Front
- Roof
- Flat
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 24.00 ft
- Lot Depth
- 100.00 ft
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
Washrooms
- —-piece
- Municipality
- Ottawa
- Neighbourhood
- West Centre Town
- Main cross streets
- Preston st and Willow St
- Directions
- West on Somerset, Left on Preston street, Home is on the left
- MLS® number
- X13477190
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-06-21
- Updated on
- 2026-06-24
- Days on market
- 126 days
- Possession date
- 2026-06-23
- Possession type
- Immediate
- Co-op commission
- 2
- Seller
- Listed by
- RIGHT AT HOME REALTY
Home Market Value
Current home valuation for 185 Preston Street, Ottawa, West Centre Town, Ottawa, ON. Listed for $789,900
HOMEH Estimate
—
Estimated Sales Range
—
HOMEH Estimate for 185 Preston Street, Ottawa, West Centre Town
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $289,900 over $500K
$53,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $29,416 | $22,038 | $18,800 | $0 |
=Total mortgage | $764,813 | $732,948 | $690,215 | $631,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,734monthly | $3,579monthly | $3,370monthly | $3,085monthly |
Land Transfer Tax
$12,273
$12,273
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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