266 Preston Street N Ottawa, Ontario K1R 7R5
$1,200,000
Prime mixed-use investment opportunity in the heart of Little Italy! Welcome to 266 Preston Street, ideally situated along one of Ottawa's most vibrant and sought-after commercial corridors. This high-visibility property benefits from constant foot traffic, strong surrounding retail presence, and close proximity to the LRT, Dow's Lake, and downtown Ottawa. Zoned Traditional Mainstreet (TM), this property offers exceptional flexibility for a wide range of commercial and residential uses. The versatile layout presents an excellent opportunity for investors, developers, or owner-operators to generate multiple income streams or establish a flagship business location with residential space above. The upper-level residential unit offers strong income potential, with estimated rent of approximately $2,000 per month, providing an attractive opportunity for additional cash flow or owner occupancy. With continued growth, intensification, and redevelopment along Preston Street, this property represents a strategic long-term hold in a high-demand urban location. Surrounded by established restaurants, cafés, and boutique shops, and positioned in one of Ottawa's most dynamic neighborhoods, this is a rare opportunity to secure a premium mixed-use asset. Vendor Takeback (VTB) available - 25% of purchase price. Structured as a second mortgage behind institutional financing, 2-3 year term, interest rate in the range of 6%-8% (to be negotiated), interest-only payments preferred, with balloon payment at maturity. Flexible terms may be considered depending on buyer qualifications. VTB presents a significant advantage for buyers seeking to reduce upfront capital requirements and improve overall leverage. Ideal for investors looking to maximize returns in a high-demand urban corridor. Don't miss your chance to invest in one of Ottawa's most desirable and evolving main streets. (id:44758)
房源概要
| MLS® Number | X13639936 |
| 房源类型 | 商业物业 |
| 社区名字 | 4205 - West Centre Town |
| 附近的便利设施 | Highway, 公共交通 |
| 设备类型 | 热水器 |
| 特征 | Irregular Lot Size |
| 总车位 | 3 |
| 租赁设备类型 | 热水器 |
详 情
| 浴室 | 4 |
| Age | 51 To 99 Years |
| 空调 | 全物业配备空调 |
| 供暖方式 | 天然气 |
| 供暖类型 | 压力热风 |
| 内部尺寸 | 1650 Sqft |
| 设备间 | 市政供水 |
土地
| 英亩数 | 无 |
| 土地便利设施 | Highway, 公共交通 |
| 土地深度 | 99 Ft ,10 In |
| 土地宽度 | 26 Ft ,3 In |
| 不规则大小 | 26.28 X 99.88 Ft |
| 规划描述 | Tm[78] H(15) |
https://www.realtor.ca/real-estate/30116389/266-preston-street-n-ottawa-4205-west-centre-town
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Ottawa Real Estate Board
Royal LePage Integrity Realty
August 05 2026 04:24:08
