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    139-141 Preston Street, West Centre Town, ON K1R 7P4

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    • 139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    139-141 Preston Street, West Centre Town, ON K1R 7P4
    For Sale Active Commercial

    139-141 Preston Street, West Centre Town, ON K1R 7P4

    $6,400,000

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    139-141 Preston Street, West Centre Town, ON K1R 7P4, West Centre Town, ON
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      11404.0 sqft

    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 $295,000.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.

    Property Highlights

    For Sale
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      MLS NO.

      X12975360

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      Type

      Commercial

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      Sub Type

      Investment

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      Square Footage

      11404.0 sqft

    Complete Property Details

    Property Type Commercial
    Sub Type Investment
    Transaction Type For Sale
    Status Active
    Contract Status Available
    MLS® Number X12975360
    Security Features No
    Lot Width 99.0
    Lot Size 4903.0
    Lot Size Units SquareFeet
    Garage Type None
    Cooling No
    Heat Type Gas Hot Water
    Internet Address Display Yn Yes
    Internet Entire Listing Display Yn Yes
    Full Address 139-141 Preston Street, West Centre Town, ON K1R 7P4
    City West Centre Town
    Neighbourhood 4205 - West Centre Town
    County / Region Ottawa
    Province / State ON
    Postal Code K1R 7P4
    Cross Street Somerset Street West
    Directions northeast corner of Preston Street and Anderson Street south of Somerset Street West
    Country CA
    List Price $6,400,000
    Annual Taxes $64,325
    Tax Year 2025
    Legal Description LT 5, PL 51 , T/W N381590 ; OTTAWA/NEPEANPT LT 6, PL 51 , AS IN N556712; T/W & S/T N556712 ; OTTAWA/NEPEAN
    Possession Type Other
    Possession Details as per tenancies
    Listing Office ROYAL LEPAGE TEAM REALTY
    Board Ottawa Real Estate Board
    Original Entry 2026-04-09T13:20:15Z
    Media Updated 2026-04-09T13:20:16Z
    Photos Updated 2026-04-09T13:20:16Z
    Last Modified 2026-05-08T13:58:34Z
    System Modified 2026-05-08T13:58:34.916937Z
    MLS Status Price Change
    Basement Yn Yes
    Co List Office Name ROYAL LEPAGE TEAM REALTY
    Ddfyn No
    Expiration Date 2026-10-30
    Heat Type Multi Gas Hot Water
    Hstapplication In Addition To
    Occupant Type Tenant
    Originating System Id A00001796
    Parcel Number 041080027
    Parking Spaces 10
    Public Remarks 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 $295,000.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.
    Showing Requirements List Brokerage, List Salesperson
    Street Name Preston
    Street Number 139-141
    Street Suffix Street
    Vendor Property Info Statement No