69 PRESTON STREET

69 PRESTON STREET

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Property Description

ATTENTION INVESTORS/RENOVATORS. This Row unit has lots of potential for a legal Triplex, or Legal Retail Store on the main floor, and Office Spaces on the second and third floor. Permit has been acquired from the City (for retail+shared office spaces) and end-unit townhome is under Construction. CAP Rate (ONCE COMPLETED) for Commercial use: 7-8%, Residential: 6%-7%+ not including Short term Rental possibilities. Buyers to do their own Due Diligence and research. 12 Min Walking distance to O-Train. Right next to LeBreton Flats which has been approved for preliminary Master Concept Plan which has Plazas, river front parks and retail possibilities. More info: NCC Website Zoning allows for: Medical Facility, Hotel, Office, Retail, Personal Service Business, Restaurants, and more Dynamic Residential Uses. Room Sizes are not available as building hasn't been completed yet. (id:29236)

Address: 69 PRESTON STREET
City: Ottawa
State/Province: Ontario
Zip: K1R7N6
Country: Canada
Days On Market: 199 days
Mls Number: 1184835
Property Type: Single Family
Price: $ 848,000
Building Type: Row / Townhouse
Stories: 3
Ownership Type: Freehold
Parking Space: 1
Zoning Description: TM12
Land Size: 17.26 ft X 66.12 ft
Transaction Type: For sale
Neigborhood: Little Italy
Half Bathroom (Bathroom Partial): 1
Foundation Type: Block, Stone
Rooms: 8
Bedrooms: 5
Bathrooms: 2
Year Built: 1900
Basement: Crawl space (Not Applicable)
Structure Type: Deck
Features: Corner Site
Foundation Type: Block, Stone
Flooring: Other
Basement Development: Not Applicable
Basement Features: Low
Basement Type: Crawl space (Not Applicable)
Exterior Finish: Brick
Cooling: None
Fireplace Available: False
Utility Sewer: Municipal sewage system
Water: Municipal water
Community Features: Family Oriented
Amenities Nearby: Public Transit, Recreation Nearby, Shopping
Land Acreage: false
Room Level Rooms Size
Second level Bedroom 12'5" x 9'4"
Second level Bedroom 15'4" x 10'7"
Second level Bedroom 8'5" x 7'8"
Third level Bedroom 15'3" x 10'7"
Third level Bedroom 12'9" x 9'4"
Main level Living room 13'9" x 12'4"
Main level Dining room 12'4" x 11'2"
Main level Kitchen 15'3" x 11'3"

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