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ActiveAbout this Property
Palazzi Place is a mixed-use investment opportunity comprising 20 residential apartments and 4 ground-floor street front retail units, with income-in-place Net Operating Income of approximately $295,000.Ideally positioned in one of Ottawa's most vibrant and evolving urban neighbourhoods, the property benefits from strong rental demand driven by location, character, and long-term area growth.
Listed by ROYAL LEPAGE TEAM REALTY · MLS# X12975360
About Centretown
Centretown is Ottawa's most walkable and vibrant urban neighbourhood, offering a lifestyle built around convenience, culture, and community. Bounded roughly by the Queensway to the south, the Rideau Canal to the east, Wellington Street to the north, and Bronson Avenue to the west, Centretown places residents within walking distance of Parliament Hill, the National Arts Centre, major museums, and the city's best dining and nightlife corridors on Bank Street, Elgin Street, and Somerset Street.
Features & Details
Property details of 139-141 Preston Street, Ottawa, ON
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Akash Sharma
REALTOR® · Ali Realty Group Inc.
Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.
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139-141 Preston Street, Ottawa, ON