OTTAWA AREA HOMES

420 Preston Street               

 

 

 

This Mixed use property is in excellent condition and located in an excellent location with extremely high growth potential. Four unit mixed use with one retail unit and three 1-bedroom units. Seven parking spaces. Zoned TM(86) permits many uses. Fully leased space could be vacated for owner occupied purchaser. Turn key investment property in Ottawa's most exclusive area. Contact us for a detailed brochure.

 

Property Details: 

Insurance: $2,700 

Taxes: $9,800

Commercial Space: 1,400 square feet 

Residential Units: Three 1-bedroom apartments

Parking: 7 Car Parking Lot

Lot size: 33.33' x 97.57'

Basement: Partially Finished

Heating: Natural Gas in Commercial Unit, Baseboard in Apartments

Air Conditioning: In Commercial Unit Only

Inclusions: Hood fan, shelving, walk-in cooler, walk-in freezer 

 

Property Highlights: 

• Separate meters for each unit

• Upgrades include: Harwood floors, insulation, copper wiring & breaker, hydro booster, plumbing, drywall & more

• Commercial space has access to additional full 7 foot basement with storage and bathroom

• Located in Little Italy - Amazing location:

  • Centrally located

  • Home to over 900 small businesses

  • Host to two of Ottawa's largest festivals and tourist attractions: Tulip Festival & Italian Festival

  • Light Rail Train (LRT) Station currently under construction

 

 

$995,000