$950,000
ActiveAbout this Property
- 1600 sq ft including finished basement
- Commercial/Residential building
Prime Location on Preston Street one block from Claridge's ICON Building, Soho Italia Building and very close to Dow's Lake LRT Station and future Ottawa Hospital. Commercial/Residential building. Restaurant on ground floor + 1 bedroom apartment above. Approx. 1600 sq ft including finished basement. NOI: approx. $57k/annum. Potential future development while earning income from existing tenants. Ideal as an investment property.
Listed by SHAKER REALTY LTD. · MLS# X13529292
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 449 Preston Street, Ottawa, ON
Market Insights for Store W Apt/Office in Ottawa
Based on 1 sales in the last 90 days · Showing city-wide data
Buyer’s Market
Properties are sitting longer (avg 55 days). Buyers have more negotiating power and time to decide.
New Listings
1
Avg Days on Market
55 days
Avg Price/Sq Ft
$280
Location
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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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