189 PRESTON Street For Sale

West Centre Town, 4205 - West Centre Town, K1R 7P8

$849,900

Description

Listed by TRINITYSTONE REALTY INC..

This 1930s duplex is a fantastic investment opportunity with its prime location in the heart of Little Italy directly on Preston Street. The proximity to everything and convenient access to the LRT, Lebreton, Dows Lake. Many places within walking distance making you want to stay local especially in this vibrant and culturally rich neighborhood. The duplex has two separate units, each with separate hydro meters. You could choose to update and maintain it as a duplex, Alternatively, you could explore the option of demo and building commercial space and apartments above, tapping into the increasing demand for mixed-use developments. Considering the ongoing development and appreciation in such prime locations, investing in this property for the future seems like a easy decision. The potential for rental income coupled with the opportunity for future development and appreciation makes it an attractive prospect for investors looking for long-term growth. TM Zoning, Same owners 40 years., Flooring: Hardwood, Flooring: Mixed

Location

View Map
  • Address: 189 PRESTON Street
  • Neighborhood: 4205 - West Centre Town
  • City: West Centre Town
  • State: Ontario
  • Postal Code: K1R 7P8

Property Video

Property Details

  • Property ID: X9519023
  • Property Price: $849,900
  • Style: Detached, 2-Storey
  • Rooms: 12+4
  • Bedrooms: 4+0
  • Bath: 2
  • Garages Spaces: 1
  • Garage: Attached
  • Parking Spaces: 3
  • A/C: Central Air
  • Basement: Full, Part Fin
  • Den: Y
  • Exterior: Brick
  • Heating: Forced Air
  • Taxes: $4,235.00 (2023)
  • Lot: 0.00x22.62 (Feet) - 1

Room details and dimensions

Statistics for similar Detached homes in 4205 - West Centre Town

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Detached homes in 4205 - West Centre Town

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Detached homes in 4205 - West Centre Town

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  • Contact Manoj Kukreja

    Sales Representative, Re/max Premier Inc., Brokerage
    (647) 576 - 2100

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