$ 669,000
189 Preston Street
Bedroom 4 - 189 Preston Street, Ottawa, ON K1R7P8 Photo 1
47 Photos
Kitchen - 189 Preston Street, Ottawa, ON K1R7P8 Photo 2
Laundry room - 189 Preston Street, Ottawa, ON K1R7P8 Photo 3
Bathroom - 189 Preston Street, Ottawa, ON K1R7P8 Photo 6 Living room - 189 Preston Street, Ottawa, ON K1R7P8 Photo 7 Kitchen - 189 Preston Street, Ottawa, ON K1R7P8 Photo 8 Other - 189 Preston Street, Ottawa, ON K1R7P8 Photo 9 Sunroom - 189 Preston Street, Ottawa, ON K1R7P8 Photo 10 Foyer - 189 Preston Street, Ottawa, ON K1R7P8 Photo 11 Living room - 189 Preston Street, Ottawa, ON K1R7P8 Photo 12 Bedroom - 189 Preston Street, Ottawa, ON K1R7P8 Photo 13 Bedroom 2 - 189 Preston Street, Ottawa, ON K1R7P8 Photo 14 189 Preston Street, Ottawa, ON K1R7P8 Photo 15 189 Preston Street, Ottawa, ON K1R7P8 Photo 16 189 Preston Street, Ottawa, ON K1R7P8 Photo 17 189 Preston Street, Ottawa, ON K1R7P8 Photo 18 189 Preston Street, Ottawa, ON K1R7P8 Photo 19 189 Preston Street, Ottawa, ON K1R7P8 Photo 20 189 Preston Street, Ottawa, ON K1R7P8 Photo 21 189 Preston Street, Ottawa, ON K1R7P8 Photo 22 189 Preston Street, Ottawa, ON K1R7P8 Photo 23 189 Preston Street, Ottawa, ON K1R7P8 Photo 24 189 Preston Street, Ottawa, ON K1R7P8 Photo 25 189 Preston Street, Ottawa, ON K1R7P8 Photo 26 189 Preston Street, Ottawa, ON K1R7P8 Photo 27 189 Preston Street, Ottawa, ON K1R7P8 Photo 28 189 Preston Street, Ottawa, ON K1R7P8 Photo 29 189 Preston Street, Ottawa, ON K1R7P8 Photo 30 189 Preston Street, Ottawa, ON K1R7P8 Photo 31 189 Preston Street, Ottawa, ON K1R7P8 Photo 32 189 Preston Street, Ottawa, ON K1R7P8 Photo 33 189 Preston Street, Ottawa, ON K1R7P8 Photo 34 189 Preston Street, Ottawa, ON K1R7P8 Photo 35 189 Preston Street, Ottawa, ON K1R7P8 Photo 36 189 Preston Street, Ottawa, ON K1R7P8 Photo 37 189 Preston Street, Ottawa, ON K1R7P8 Photo 38 189 Preston Street, Ottawa, ON K1R7P8 Photo 39 189 Preston Street, Ottawa, ON K1R7P8 Photo 40 189 Preston Street, Ottawa, ON K1R7P8 Photo 41 189 Preston Street, Ottawa, ON K1R7P8 Photo 42 189 Preston Street, Ottawa, ON K1R7P8 Photo 43 189 Preston Street, Ottawa, ON K1R7P8 Photo 44 189 Preston Street, Ottawa, ON K1R7P8 Photo 45 189 Preston Street, Ottawa, ON K1R7P8 Photo 46 189 Preston Street, Ottawa, ON K1R7P8 Photo 47

189 Preston Street, Ottawa

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:1945)
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Property details for 189 Preston Street, Ottawa

Type
Multi-family
Bedrooms
4
Bathrooms
2
Lot Size
22.6 x 103 FT
Stories
2
Basement
Partially finished, Full
Parking
Detached Garage, Garage
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Brick, Brick Facing
Annual Taxes
$4,435 (2025)

Nearby Listings Stat

Estimated price and comparable properties near 189 Preston Street

Active Listings
19
Min Price
$600,000
Max Price
$1,598,000
Avg Price
$922,421
Days on Market
56
days
Sold Listings
4
Min Sold Price
$565,000
Max Sold Price
$1,240,000
Avg Sold Price
$812,250
Days until Sold
77
days

Price History

Listed
January 3, 2026
by TRINITYSTONE REALTY INC.
Current Price
$669,000
-4.4% from last change
Type
Multi-family
For Sale
Price Changes
2
Date Price Change
Current $669,000 $30,999 (-4.4%)
Sep 25, 2026 $699,999 $89,901 (-11.4%)
Apr 17, 2026 $789,900 Listed

Contact Agent Get in touch about 189 Preston Street, Ottawa

Grant Holbrook
Grant Holbrook
TRINITYSTONE REALTY INC.

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