185 Preston Street, West Centre Town, ON K1R 7P8
West Centre Town
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)
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 185 Preston Street, West Centre Town, ON K1R 7P8
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# X13477190
Listed by RIGHT AT HOME REALTY
On market since Jun 23, 2026
185 Preston Street, West Centre Town, ON K1R 7P8 is listed for $789,900 CAD.
185 Preston Street, West Centre Town, ON K1R 7P8 has 0 bedrooms and 0 bathrooms.
185 Preston Street, West Centre Town, ON K1R 7P8 is a Triplex.
185 Preston Street, West Centre Town, ON K1R 7P8 is in West Centre Town, Ontario.
185 Preston Street, West Centre Town, ON K1R 7P8 is currently for sale.
Contact Avi Hayev at +16471112222 to arrange a private showing of 185 Preston Street, West Centre Town, ON K1R 7P8 (MLS# X13477190). You can also send a message through the contact form on this site.
