$950,000

449 Preston Street

West Centre Town, Ottawa, ON K1S4N5 · MLS® X13529292

  • 1,600 square feetLiving area

About this property

Prime Location on Preston Street one block from Claridge's ICON Building, Soho Italia Building and very close to Dow's Lake LRT Station and future Ottawa Hospital. Commercial/Residential building. Restaurant on ground floor + 1 bedroom apartment above. Approx. 1600 sq ft including finished basement. NOI: approx. $57k/annum. Potential future development while earning income from existing tenants. Ideal as an investment property. (id:65933)

Type
Residential Commercial Mix
Category
Retail
Annual taxes
$14,300
Updated
Sep 18, 2026

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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.

Listed by Shaker Realty Ltd..

Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.

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