Space
Finished area and layout
- Building Area
- 11,404 sqft
+9 more
11,404 sqft
Building Area
Property Snapshot
Key details for this listing
Property
Type, style and structure
- Type
- commercial
- Style
- investment / Mixed Use
Lot
Land, frontage and setting
- Zoning
- MS1[78] H(19.5)
Costs
Price, taxes and monthly charges
About This Property
This investment in West Centre Town offers 11,404 sqft of building area. The property has zoned MS1[78] H(19.5). The home features no.
MLS 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 $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.
Full Listing Details
Address139-141 Preston Street, West Centre Town, ON K1R 7P4
MLS#X12975360
Listing StatusPrice Change
Property TypeCommercial
Sub-TypeInvestment
TransactionSale
List DateApr 8, 2026
Days on Market200
Annual Tax$64,325 (2025)
Possession DetailsAs per tenancies
StyleMixed Use
CityWest Centre Town
ProvinceOn
Postal CodeK1R 7P4
Lot Size4,903 sqft
ZoningMS1[78] H(19.5)
CoolingNo
SecurityNo
UtilitiesYes
SewerSanitary
Annual Tax$64,325 (2025)
tenants possessions
Business TypeApts - 13 To 20 Units
northeast corner of Preston Street and Anderson Street south of Somerset Street West
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