Room 1
Level not provided
185 Preston St
West Centre Town, Ottawa, Ontario K1R 7P8
Description
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)
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13477190
- Board
- TRREB MLS®
- Days on market
- Tax
- $4,614
- Size
- 1500-2000 sqft
- Lot
- 24 × 100 Feet
- Parking
- None, 2 Parking
Listing History
Buy/Sell history for 185 Preston St, Ottawa, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $789,900 | N/A | Ext | X13477190 |
Estimated Market Value
Estimated value requires sign in
AI market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
Property Details
Property
- Property Type
- Triplex
- Style
- 2-Storey
- Community
- West Centre Town
- Municipality
- Ottawa
Inside
- Basement Type
- Other
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Building
- Size
- 1500-2000 sqft
- Construction
- Brick
Parking
- Garage Type
- None
- Add. Parking
- 2
- Total Parking
- 2
Land
- Sewer
- Sewers
- Lot Size
- 24 × 100 Feet
- Lot Size Code
- Feet
Additional
- Foundation
- Concrete
- Roof
- Flat
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
18 records read 10 on record nearby 8 checked, none on recordRead 2026-11-03
Water and conservation
- Not in Rideau Valley Conservation Authority’s mapped regulated area
- Not in the municipality’s mapped flood area
- No mapped wetland within 120 m
- No water-supply well recorded within 250 m52 test or monitoring holes also recorded.
- Groundwater recorded about 2.9 m below ground nearbyThe middle water level in the well records within 500 m (305 records). It changes with the season and from spot to spot.
- Bedrock about 7.6 m down nearbyThe middle depth to bedrock in the well records within 500 m.
Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 7.6 km
Province of Ontario open data
Around the home
- Nearest rail line: 280 m
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 90 m away. Routes and stops change; check the agency’s schedule.
- A trail on the Ontario trail network within 1 km
Province of Ontario open data · Municipal transit open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Public Works and Government Services Canada — Cliff Central Heating and Cooling Plant, 1.8 km away. Only facilities above the inventory’s reporting thresholds are listed.
- 21 federal contaminated sites within 1 km8 still active or suspected; the rest are closed. The federal inventory covers federal land only, not provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Hydro Ottawa Limited
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: OmniTEC Wireless, PioneerWireless, Rogers, Storm Internet, Xplore. Mobile: Bell, Rogers, Telus, Vidéotron. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.
Comparable Sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$3,621
- Down payment$157,980
- Mortgage amount$631,920
- Total interest$454,380
- Total cost$1,244,280
Cash flow analysis
$3,621
Total monthly payment
$4,006
Break-even down payment
100%
Cash flow-$4,006
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
04 / Local performanceMarket detailsNeighbourhood price and activity trends
Expand Market details to load neighbourhood price and activity trends.
$789,900
$789,900
CAD
Estimated market value
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