139-141 Preston Street
West Centre Town, K1R 7P4
FOR SALE
$6,400,000

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Investment
CATEGORY3,280 Sq Ft
RETAIL AREAX12975360
MLSIDContact Us
Property Description
Palazzi Place is a mixed-use investment opportunity comprising 20 residential apartments and 4 ground-floor street front retail units, with income-in-place Net Operating Income of approximately $320,000.Ideally positioned in one of Ottawa's most vibrant and evolving urban neighbourhoods, the property benefits from strong rental demand driven by location, character, and long-term area growth.
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Property Details
Address
139-141 Preston Street
Community
City
Postal Code
K1R 7P4
Property Type
Investment, Investment
Use
Apartment
Zoning
MS1[78] H(19.5)
Lot Size
99' x 99'
Retail Area
3,280 Sq Ft
Acreage
4,903.0 Feet
Taxes
$64,325 (2025
Heat Type
Gas Hot Water
Water
Municipal
Parking Spaces
10
Garage Type
None
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Listing contracted with Royal Lepage Team Realty
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