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Last Updated : 124 Days ago
139-141 Preston Street, West Centre Town, ON, 4205 - West Centre Town
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139-141 Preston Street, West Centre Town MLS Number: X12975360

4205 - West Centre Town, West Centre Town, Ottawa, ON, K1R 7P4

$6,400,000

Status: For Sale

  • Property Type: Commercial (Investment)
  • Property Taxes : $64325.0 (Tax Year:2025)
  • Listing Courtesy : Royal Lepage Team Realty

139-141 Preston Street Property Description

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.

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139-141 Preston Street Property Facts

Property Type :Commercial
MLS Number :X12975360
Listing Type :Sale
Property Age :51-99 Years
Possession Date :
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Last Updated :19 May, 2026 (124 Days ago)
Source :Toronto Regional Real Estate Board
Area :Ottawa
Postal Code : K1R 7P4
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139-141 Preston Street Property Price & Tax Insights

Price : $6,400,000
Property Taxes :$64325.0
Tax Year :2025

139-141 Preston Street, West Centre Town Property Details

Air Conditioning :No
Heating :Gas Hot Water
Cross Street :Somerset Street West

139-141 Preston Street, West Centre Town - Price History

2026-05

08 May, 2026

TREB #X12975360

Price Change

$6400000.0

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  • 800k
  • 1.2M
  • 1.6M
  • 2M+
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  • 12
  • 18
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  • 30+
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  • 6
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139-141 Preston Street - Location Map and Landmarks

  • University of Ottawa Heart Institute, Ottawa 1.59 km
  • The Ottawa - Civic, Ottawa 1.73 km
  • Royal Ottawa Mental Health Centre, Ottawa 2.44 km
  • The Ottawa - Riverside, Ottawa 3.66 km
  • National Defence Medical Centre, Ottawa 4.38 km
  • Children's of Eastern Ontario (CHEO), Ottawa 4.9 km
  • The Ottawa - General, Ottawa 4.98 km
  • Montfort, Ottawa 7.23 km
  • Queensway Carleton, Ottawa 10.93 km
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FAQs: 139-141 Preston Street, West Centre Town

  • Q: Does this Project 139-141 Preston Street available for Sale ?

    A: The project 139-141 Preston Street is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 139-141 Preston Street is Offering?

    A:Square Yards is giving a Cashback of $32,000 if you buy this property from us, however there are several key features offered by the 139-141 Preston Street. You get + Beds with Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 139-141 Preston Street, Ottawa?

    A: 139-141 Preston Street, Ottawa comes with + Beds for maximum convenience and space. There are baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Ottawa, On?

    A:Ottawa, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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