449 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N5
4502 - West Centre Town, Dows Lake - Civic Hospital and Area · Near Preston St & Adeline St · View map
About this home
Prime Location on Preston Street one block from Claridge's ICON Building, Soho Italia Building and very close to Dow's Lake LRT Station and future Ottawa Hospital. Commercial/Residential building. Restaurant on ground floor + 1 bedroom apartment above. Approx. 1600 sq ft including finished basement. NOI: approx. $57k/annum. Potential future development while earning income from existing tenants. Ideal as an investment property.
The home
- Type
- Store w apt / office
- Square footage
- 1600 sq ft
- Lot size
- 25 x 75 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Baseboard
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $14,300/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Preston St & Adeline St
- Neighbourhood
- 4502 - West Centre Town
More
- MLS® number
- X13529292
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
449 Preston Street, Dows Lake - Civic Hospital and Area, ON K1S 4N5
4502 - West Centre Town, Dows Lake - Civic Hospital and Area · Near Preston St & Adeline St
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Listing history for 449 Preston Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 449 Preston Street
Answers come straight from this home’s MLS® listing.
How much is 449 Preston Street listed for, and what would it cost each month?
449 Preston Street is listed for $950,000. With 20% down ($190,000), the mortgage payment would be roughly $3,832 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,024 a month, all in. That figure is an illustration, not a quote.
Is 449 Preston Street freehold or a condo, and is there a monthly fee?
449 Preston Street is a store w apt / office in 4502 - West Centre Town, Dows Lake - Civic Hospital and Area. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 449 Preston Street have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 449 Preston Street?
449 Preston Street is a store w apt / office. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 449 Preston Street, and what is the lot size?
The lot is listed as 25 x 75 ft.
How is 449 Preston Street heated and cooled?
Heating is baseboard. Cooling is yes.
What are the property taxes for 449 Preston Street?
Property taxes are $14,300 a year (2025), or about $1,192 a month.
Where is 449 Preston Street?
449 Preston Street is in the 4502 - West Centre Town community of Dows Lake - Civic Hospital and Area. The nearest main intersection is Preston St & Adeline St. The postal code is K1S 4N5.
Is 449 Preston Street still for sale?
Yes. It is an active listing (MLS® X13529292). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 449 Preston Street asking?
Similar properties for sale nearby right now include 5 Units - 105 Champagne Avenue at $1,121,367, 2807 - 805 Carling Avenue at $979,000 (2 bed) and 2404 - 805 Carling Avenue at $850,000 (2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 449 Preston Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 449 Preston Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 4502 - West Centre Town, picked by style, size and price.
Investment$1,121,3675 Units - 105 Champagne Avenue, Dows Lake - Civic Hospital and Area4502 - West Centre TownCourtesy of: FIDACITY REALTYView home →
Condo apartment$979,0002807 - 805 Carling Avenue, Dows Lake - Civic Hospital and Area2 bed · 2 bath · 4502 - West Centre TownCourtesy of: RE/MAX HALLMARK REALTY GROUPView home →
Condo apartment$850,0002404 - 805 Carling Avenue, Dows Lake - Civic Hospital and Area2 bed · 2 bath · 4502 - West Centre TownCourtesy of: RE/MAX PRIME PROPERTIESView home →Courtesy of: SHAKER REALTY LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.