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) (id:25961)
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Rooms
| Level | Type | Dimensions |
|---|
Details
- Parking Spaces: 2
- Transaction: For sale
Building
- BasementType: N/A (Other, See Remarks)
- Basement Development: Other, See Remarks
- Cooling: Central air conditioning
- Exterior Finish: Brick, Brick Facing
- Fireplace Present: False
- Foundation: Concrete
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 1500 - 2000 sqft
- Stories Total: 2
- Type: Triplex
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Frontage: 24 ft
- Size Irregular: 24 x 100 FT
Listing provided by RIGHT AT HOME REALTY
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 185 PRESTON STREET in Ottawa Ontario. It was last modified on June 23rd, 2026. Contact the Stuewe Team to schedule a viewing or to discover other Ottawa homes for sale.


