189 PRESTON STREET - Photo 1 of 47, Ottawa, Ontario
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$789,900

189 PRESTON STREET — Ottawa, Ontario

K1R7P8

4Beds
2Baths
3Parking

About This Property

This classic 1930s duplex presents a great investment opportunity in the heart of Little Italy, prominently located on Preston Street. Surrounded by ongoing development and long-term growth, this property offers exceptional future potential in one of Ottawa's most vibrant and culturally rich neighbourhoods. With flexible TM zoning, buyers have multiple options to maximize value-whether maintaining and updating the existing duplex or exploring redevelopment possibilities such as a mixed-use commercial space with residential units above.The property features two self-contained units, each with its own hydro meter, and flexible access options allowing entry from the front for both units or a separate rear entrance for the lower unit. Its unbeatable location places you within walking distance of restaurants, cafés, shops, Dows Lake, and Lebreton Flats, with convenient access to the LRT and downtown Ottawa-making it easy to live local and attract strong tenant demand.Owned by the same family for over 40 years, this is a well-established property in a rapidly appreciating area. With steady rental income potential today and significant redevelopment upside for the future, this is a compelling opportunity for investors seeking long-term growth in a prime urban location. Flexible closing available. Book your showing today and explore the possibilities. (id:63357)

Property Location

Map

Property Details

Property Type
Multi-Unit
Bedrooms
4
Bathrooms
2
Stories
2.0
Status
Active

Location & Neighborhood

What's nearby 189 PRESTON STREET

Lifestyle Summary

** Living at 189 Preston Street allows you to immerse yourself in a dynamic community that balances convenience, culture, and comfort. With a wealth of amenities, schools, parks, and dining options right at your fingertips, every day can feel like an adventure. The friendly neighborhood vibe combined with easy access to public transit and recreational spaces makes this location ideal for families, professionals, and anyone seeking a lively yet welcoming environment. Embrace a lifestyle where everything you need is just a short stroll away, making it easy to create cherished memories in your new home.

🏘️Neighborhood Vibe

** Nestled in the heart of Ottawa, 189 Preston Street offers a vibrant and welcoming atmosphere that reflects the community's rich cultural diversity. The area is characterized by its charming streets, friendly locals, and a strong sense of belonging, making it ideal for those looking to connect with their neighbors. Whether you're sipping coffee at a local café or enjoying a meal at one of the nearby restaurants, you'll find a lively yet relaxed energy that invites you to unwind. **COMMUTER_SUMMARY:** Convenience is at your doorstep with multiple bus stops located just a stone's throw away, allowing for seamless access to downtown Ottawa and surrounding neighborhoods. With options like Preston / Oak and Gladstone / Preston within a short walking distance, commuting has never been easier. For those who prefer to drive, major roadways are easily accessible, making travel to work or play a breeze. **FAMILY_SUMMARY:** Families will appreciate the abundance of educational opportunities with several schools within walking distance, including Family Reception Centre and St. Anthony School. Kids will enjoy the nearby parks and recreational areas, which provide ample space for play and socializing. The community's family-friendly vibe ensures that parents can relax knowing their children are in a safe and nurturing environment. **DINING_ENTERTAINMENT:** Food lovers will find themselves in culinary heaven with a diverse array of dining options just minutes away. From the delightful Italian dishes at Trattoria Caffé Italia to the vibrant flavors at Casa Mexico, there's something to satisfy every palate. Quaint cafes like Cosenza and Bridgehead provide the perfect spots for casual meet-ups or a cozy afternoon break, ensuring that you’ll never run out of tasty options. **OUTDOOR_RECREATION:** Outdoor enthusiasts will delight in the proximity of several parks, including the charming Plouffe Park and the family-friendly Piazza Dante Park, which features a splash pad for summer fun. Whether you're looking to enjoy a leisurely stroll, have a picnic, or let the kids play, these green spaces offer a refreshing escape from urban life. The nearby Primrose Park and Chaudière Park further enhance your outdoor experience, providing a perfect backdrop for relaxation and recreation. **OVERALL_LIFESTYLE:** Living at 189 Preston Street allows you to immerse yourself in a dynamic community that balances convenience, culture, and comfort. With a wealth of amenities, schools, parks, and dining options right at your fingertips, every day can feel like an adventure. The friendly neighborhood vibe combined with easy access to public transit and recreational spaces makes this location ideal for families, professionals, and anyone seeking a lively yet welcoming environment. Embrace a lifestyle where everything you need is just a short stroll away, making it easy to create cherished memories in your new home.

🚗Commuting

** Convenience is at your doorstep with multiple bus stops located just a stone's throw away, allowing for seamless access to downtown Ottawa and surrounding neighborhoods. With options like Preston / Oak and Gladstone / Preston within a short walking distance, commuting has never been easier. For those who prefer to drive, major roadways are easily accessible, making travel to work or play a breeze. **FAMILY_SUMMARY:** Families will appreciate the abundance of educational opportunities with several schools within walking distance, including Family Reception Centre and St. Anthony School. Kids will enjoy the nearby parks and recreational areas, which provide ample space for play and socializing. The community's family-friendly vibe ensures that parents can relax knowing their children are in a safe and nurturing environment. **DINING_ENTERTAINMENT:** Food lovers will find themselves in culinary heaven with a diverse array of dining options just minutes away. From the delightful Italian dishes at Trattoria Caffé Italia to the vibrant flavors at Casa Mexico, there's something to satisfy every palate. Quaint cafes like Cosenza and Bridgehead provide the perfect spots for casual meet-ups or a cozy afternoon break, ensuring that you’ll never run out of tasty options. **OUTDOOR_RECREATION:** Outdoor enthusiasts will delight in the proximity of several parks, including the charming Plouffe Park and the family-friendly Piazza Dante Park, which features a splash pad for summer fun. Whether you're looking to enjoy a leisurely stroll, have a picnic, or let the kids play, these green spaces offer a refreshing escape from urban life. The nearby Primrose Park and Chaudière Park further enhance your outdoor experience, providing a perfect backdrop for relaxation and recreation. **OVERALL_LIFESTYLE:** Living at 189 Preston Street allows you to immerse yourself in a dynamic community that balances convenience, culture, and comfort. With a wealth of amenities, schools, parks, and dining options right at your fingertips, every day can feel like an adventure. The friendly neighborhood vibe combined with easy access to public transit and recreational spaces makes this location ideal for families, professionals, and anyone seeking a lively yet welcoming environment. Embrace a lifestyle where everything you need is just a short stroll away, making it easy to create cherished memories in your new home.

👨‍👩‍👧‍👦Family Living

** Families will appreciate the abundance of educational opportunities with several schools within walking distance, including Family Reception Centre and St. Anthony School. Kids will enjoy the nearby parks and recreational areas, which provide ample space for play and socializing. The community's family-friendly vibe ensures that parents can relax knowing their children are in a safe and nurturing environment. **DINING_ENTERTAINMENT:** Food lovers will find themselves in culinary heaven with a diverse array of dining options just minutes away. From the delightful Italian dishes at Trattoria Caffé Italia to the vibrant flavors at Casa Mexico, there's something to satisfy every palate. Quaint cafes like Cosenza and Bridgehead provide the perfect spots for casual meet-ups or a cozy afternoon break, ensuring that you’ll never run out of tasty options. **OUTDOOR_RECREATION:** Outdoor enthusiasts will delight in the proximity of several parks, including the charming Plouffe Park and the family-friendly Piazza Dante Park, which features a splash pad for summer fun. Whether you're looking to enjoy a leisurely stroll, have a picnic, or let the kids play, these green spaces offer a refreshing escape from urban life. The nearby Primrose Park and Chaudière Park further enhance your outdoor experience, providing a perfect backdrop for relaxation and recreation. **OVERALL_LIFESTYLE:** Living at 189 Preston Street allows you to immerse yourself in a dynamic community that balances convenience, culture, and comfort. With a wealth of amenities, schools, parks, and dining options right at your fingertips, every day can feel like an adventure. The friendly neighborhood vibe combined with easy access to public transit and recreational spaces makes this location ideal for families, professionals, and anyone seeking a lively yet welcoming environment. Embrace a lifestyle where everything you need is just a short stroll away, making it easy to create cherished memories in your new home.

🍽️Dining & Entertainment

** Food lovers will find themselves in culinary heaven with a diverse array of dining options just minutes away. From the delightful Italian dishes at Trattoria Caffé Italia to the vibrant flavors at Casa Mexico, there's something to satisfy every palate. Quaint cafes like Cosenza and Bridgehead provide the perfect spots for casual meet-ups or a cozy afternoon break, ensuring that you’ll never run out of tasty options. **OUTDOOR_RECREATION:** Outdoor enthusiasts will delight in the proximity of several parks, including the charming Plouffe Park and the family-friendly Piazza Dante Park, which features a splash pad for summer fun. Whether you're looking to enjoy a leisurely stroll, have a picnic, or let the kids play, these green spaces offer a refreshing escape from urban life. The nearby Primrose Park and Chaudière Park further enhance your outdoor experience, providing a perfect backdrop for relaxation and recreation. **OVERALL_LIFESTYLE:** Living at 189 Preston Street allows you to immerse yourself in a dynamic community that balances convenience, culture, and comfort. With a wealth of amenities, schools, parks, and dining options right at your fingertips, every day can feel like an adventure. The friendly neighborhood vibe combined with easy access to public transit and recreational spaces makes this location ideal for families, professionals, and anyone seeking a lively yet welcoming environment. Embrace a lifestyle where everything you need is just a short stroll away, making it easy to create cherished memories in your new home.

🌳Outdoor Recreation

** Outdoor enthusiasts will delight in the proximity of several parks, including the charming Plouffe Park and the family-friendly Piazza Dante Park, which features a splash pad for summer fun. Whether you're looking to enjoy a leisurely stroll, have a picnic, or let the kids play, these green spaces offer a refreshing escape from urban life. The nearby Primrose Park and Chaudière Park further enhance your outdoor experience, providing a perfect backdrop for relaxation and recreation. **OVERALL_LIFESTYLE:** Living at 189 Preston Street allows you to immerse yourself in a dynamic community that balances convenience, culture, and comfort. With a wealth of amenities, schools, parks, and dining options right at your fingertips, every day can feel like an adventure. The friendly neighborhood vibe combined with easy access to public transit and recreational spaces makes this location ideal for families, professionals, and anyone seeking a lively yet welcoming environment. Embrace a lifestyle where everything you need is just a short stroll away, making it easy to create cherished memories in your new home.

Nearby Schools

Parks & Recreation

Transit Access

Local Amenities

Coffee & Cafes

POI data updated recently

Ottawa Market Snapshot

3,306

Active Listings

$660K

Median Price

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Avg Days on Market

Last updated: Feb 25, 2026

Listed by

TRINITYSTONE REALTY INC.

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$789,900
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