189 PRESTON St

West Centre Town | 4205 - West Centre Town | K1R 7P8
  • 4 + 0
  • 2
  • 0

$849,900

Est. Mtg $2,881 /mo
  • Days on market

    71

  • Status

    New

Listing Broker TRINITYSTONE REALTY INC.
Since listed: 0 views

Home details

MLS #:

X9519023

Property type:
Detached
Style:
2-Storey
Taxes:
$4,235
Possession:
TBA
Lot Front:
22.62   Feet
Lot Depth:
0.0   Feet
Basement:
Full | Part Fin
Driveway Pkg:
0
Heat:
Gas | Forced Air

Description


189 PRESTON St, , West Centre Town, Ontario is a Detached property in West Centre Town and in the 4205 - West Centre Town community in the K1R 7P8 postal code


This 1930s duplex is a fantastic investment opportunity with its prime location in the heart of Little Italy directly on Preston Street. The proximity to everything and convenient access to the LRT, Lebreton, Dows Lake. Many places within walking distance making you want to stay local especially in this vibrant and culturally rich neighborhood. The duplex has two separate units, each with separate hydro meters. You could choose to update and maintain it as a duplex, Alternatively, you could explore the option of demo and building commercial space and apartments above, tapping into the increasing demand for mixed-use developments. Considering the ongoing development and appreciation in such prime locations, investing in this property for the future seems like a easy decision. The potential for rental income coupled with the opportunity for future development and appreciation makes it an attractive prospect for investors looking for long-term growth. TM Zoning, Same owners 40 years., Flooring: Hardwood, Flooring: Mixed.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2010-10 2024-09 $234,900 $219,900 Exp T9337928
2012-01 2024-09 $189,000 $179,900 Sld T9338172
2024-04 2024-11 $929,000 $929,000 Ter X9431019
2024-06 2024-11 $880,000 $880,000 Exp X9450224
2024-09 2024-11 $849,900 $849,900 New X9519023

Comparables

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sold Date Address List Price sold Price DOM
2024-06 213 CAMBRIDGE St N, $1,199,900 $1,175,000 13

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

West Centre Town :

Properties sold
Average sale price
New Listings
Year on Year Growth

Municipality activity All Property Types

Sale activity

West Centre Town :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 189 PRESTON St

Based on available 3rd party data

$3369

Approximate costs per month

Mortgage
$2881 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$352 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Major Highway
  • Park
  • Public Transit
Listing Broker TRINITYSTONE REALTY INC.
Data Source: TRREB

Payment calculator

$3234 monthly. In association with: TD Bank
%
  • Principal and Interest
    2881 /mo
  • Property Taxes
    $352 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Amadore Zhao, Realtor

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