189 Preston Street, West Centre Town, ON K1R 7P8
- Property tax
- $4,435 / year
This classic 1930s duplex presents a great investment opportunity in the heart of Little Italy, prominently located on Preston Street. Surrounded by ongoing development and long-term growth, this property offers exceptional future potential in one of Ottawa's most vibrant and culturally rich neighbourhoods. With flexible TM zoning, buyers have multiple options to maximize value-whether maintaining and updating the existing duplex or exploring redevelopment possibilities such as a mixed-use commercial space with residential units above.The property features two self-contained units, each with its own hydro meter, and flexible access options allowing entry from the front for both units or a separate rear entrance for the lower unit. Its unbeatable location places you within walking distance of restaurants, cafés, shops, Dows Lake, and Lebreton Flats, with convenient access to the LRT and downtown Ottawa-making it easy to live local and attract strong tenant demand.Owned by the same family for over 40 years, this is a well-established property in a rapidly appreciating area. With steady rental income potential today and significant redevelopment upside for the future, this is a compelling opportunity for investors seeking long-term growth in a prime urban location. Flexible closing available. Book your showing today and explore the possibilities.
- MLS number
- X12659094
- Type
- Duplex
- Status
- Active
- Bedrooms
- 4
- Bathrooms
- 2
- Postal code
- K1R 7P8
- Photos
- 47
- Laundry
- Lower Level level
This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.
Rooms
15 rooms as the listing brokerage filed them, 13 of them with measurements.
Main
| Room | Size | Features |
|---|---|---|
| Foyer | 1.74 × 3.38 m | — |
| Living Room | 4.30 × 3.63 m | — |
| Bedroom | 3.59 × 3.66 m | — |
| Bedroom 2 | 4.18 × 2.60 m | — |
| Kitchen | 5.51 × 3.60 m | — |
Second
| Room | Size | Features |
|---|---|---|
| Bedroom 4 | 2.77 × 2.96 m | — |
| Bedroom 3 | 3.26 × 3.23 m | — |
| Living Room | 3.38 × 3.47 m | — |
| Kitchen | 3.17 × 2.16 m | — |
| Other | 3.26 × 1.98 m | — |
| Sunroom | 1.50 × 1.88 m | — |
| Bathroom | not measured | 4 Pc Bath |
Lower
| Room | Size | Features |
|---|---|---|
| Common Room | 6.40 × 3.53 m | — |
| Laundry | 1.40 × 3.68 m | — |
| Bathroom | not measured | 4 Pc Bath |
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Duplex
- Style
- 2-Storey
- Class
- Residential Freehold
- Age
- 51-99
- Fronting on
- East
- Community
- 4205 - West Centre Town
- Municipality
- West Centre Town
- Cross street
- Preston street and Laurel St E
- Zoning
- TM [78] H(15)
Inside
- Bedrooms
- 4
- Bedrooms above grade
- 4
- Bathrooms
- 2
- Washrooms
- 1 on the lower floor · 1 on the second floor
- Kitchens
- 2
- Rooms above grade
- 8
- Family room
- Yes
- Basement
- Full, Partially Finished
- Laundry
- Lower Level
- Size
- 1500-2000
Building
- Construction
- Brick, Brick Front
- Roof
- Asphalt Shingle
- Foundation
- Concrete
Parking
- Garage
- Detached
- Covered spaces
- 1
- Driveway spaces
- 2
- Total parking
- 3
- Features
- Private
Land
- Lot
- 22.62 × 102.95 feet
- Shape
- Rectangular
- View
- City
- Pool
- None
Heating, cooling and services
- Heating
- Forced Air
- Heat source
- Gas
- Cooling
- Central Air
- Water
- Municipal
- Sewer
- Sewer
Features
- Interior
- Accessory Apartment, Carpet Free, In-Law Capability, Primary Bedroom - Main Floor, Separate Hydro Meter, Water Heater Owned, Storage
Listing
- MLS number
- X12659094
- Status
- Extension
- Previous status
- Price Change
- Listed on
- 2026-01-02
- Expires
- 2026-10-30
- Taxes
- $4,435 (2025)
- Board
- Ottawa Real Estate Board
Listing history
This address has been listed 5 times.
Where this property is
Where this address sits, matched against open government data.
Matched to a published address point for this address.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| Adult High School Ottawa-Carleton DSB | Secondary | 262 m | / 10 21% met the standard · 1 of 6 measures |
| St Anthony Elementary School Ottawa CSB | Elementary | 323 m | / 10 80% met the standard · 5 of 6 measures |
| Jérôme Lejeune School | Elementary | 580 m | Not reported |
| École intermédiaire catholique Saint-Jean-Baptiste CSDC du Centre-Est de l'Ontario | Elementary | 631 m | Not reported |
| École secondaire catholique Saint-Jean-Baptiste CSDC du Centre-Est de l'Ontario | Secondary | 631 m | Not reported |
| Devonshire Community Public School Ottawa-Carleton DSB | Elementary | 509 m | / 10 85% met the standard |
How the rating is calculated
EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.
Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.
What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.
Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.
H-Value
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 584 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35061767 — the few blocks around this address, home to 584 people. It describes the area, not this property.
Percentages are of the 420 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.