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185 Preston Street, Ottawa, ON K1R7P8

$789,9001,500Sqft West Centre Town

Property Overview

  • Row / Townhouse Home Type
  • Triplex Building Type
  • 2400 Sqft Lot Size
  • 0 Beds
  • 0 Full Baths
  • Air Conditioning (Central) Cooling
  • 0 Half Baths
  • 2 Parking Space(s)
  • Property Taxes
  • 69 days Days on Market
  • X13477190 MLS® #
  • $527 Price / Sqft
  • Two Storey Style
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Description

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)

Interior Details

See Home Description
See Home Description
Air Conditioning (Central)
0
None
None

Exterior Details

Brick
2
Brick Front
See Home Description
Other
Concrete

More Information

Property

None
See Home Description

Parking

Yes
2
No Garage

Utilities

Municipal / City

Data is supplied by the Toronto Regional Real Estate Board (TRREB) MLS® System. TRREB is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data was last updated Friday, August 28, 2026, 4:32:08 PM UTC.