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Key Facts
Key facts for 189 Preston Street
Property Type
Apartment, 2-Storey
Parking
Detached 1 garage, 3 parking
MLS #
X12030263
Size
1500-2000 sqft
Basement
Partially Finished
Listed on
2025-03-19
Lot size
23 x 0.0
Tax
$4,235 /yr
Days on Market
199
Approximate Age
51-99
Maintenance Fee
-
Description
This 1930s duplex is a fantastic investment opportunity with its prime location in the heart of Little Italydirectly on Preston Street. There is so much future potential with a location like this directly on Preston st.The proximity to everything and convenient access to the LRT, Lebreton, Dows Lake.... Many places withinwalking 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 andmaintain it as a duplex, Alternatively, you could explore the option of demo and building commercial spaceand apartments above, tapping into the increasing demand for mixed-use developments. Considering theongoing development and appreciation in such prime locations, investing in this property for the futureseems like a easy decision. The potential for rental income coupled with the opportunity for futuredevelopment and appreciation makes it an attractive prospect for investors looking for long-term growth.TM Zoning, Same owners 40+ years. Flexible closing.
