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Active
139-141 Preston ST West Centre Town, ON K1R 7P4
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 4205 - West Centre Town
MLS Listing ID X12975360
Annual Tax Amount $64,325
Tax Year 2025
Property Sub-Type Investment
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.
Location
Province ON
County Ottawa
Area Ottawa
Zoning MS1[78] H(19.5)
Interior
Cooling No
Exterior
Community Features Public Transit, Recreation/Community Centre
Utilities Available Yes
Lot Frontage 99.0
Lot Depth 99.0
Building
Building Age 51-99
Others
Security Features No
ParcelsYN No
Listed by ROYAL LEPAGE TEAM REALTY