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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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185 Preston Street West Centre Town, Ottawa
For SaleWest Centre Town

185 Preston Street West Centre Town, Ottawa, Triplex for Sale

MLS® X13477190

West Centre Town, Ottawa, ON

139 days on market
$789,900
Show on Map
Show on Map
0Beds
0Baths
1,750Sqft
2Parking
Triplex

Overview· 185 Preston Street West Centre Town, Ottawa

MLS® #X13477190

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)

Broker

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Walk Score®98Walker's ParadiseWalker's Paradise
Transit Score®75Excellent TransitExcellent Transit
Bike Score®98Biker's ParadiseBiker's Paradise
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Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 185 Preston Street West Centre Town, Ottawa

Source: MLS® listing data
185 Preston Street West Centre Town, Ottawa

Triplex

185 Preston Street West Centre Town, Ottawa

West Centre Town

Type

Triplex

Basement

Other

Parking

None (2)

Property Tax

~$4,614/yr

Heating

Forced Air

Buying Essentials

Square Feet

1750 sqft

Facing Direction

West

Parking

None (2)

Finances

List Price

$789,900

Price per SQFT

$451/sqft

Property Tax

~$4,614/yr

Property Specs

Property Type

Triplex

MLS Size

1750 sqft

Basement

Other

Living & Amenities

Heating Type

Forced Air

Features

None

Policies & Utilities

Neighbourhood

West Centre Town

Listed On

Jun 21, 2026

Price & Listing History

Days on Market

Current: 139 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 185 Preston Street West Centre Town, Ottawa.

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Mortgage Summary

Mortgage Payment$3,177/mo
Property Tax$385/mo
Total Monthly$3,562

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0