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$100,000

121 PRESTON STREET

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Beds

Baths

2

Sqft

Year

Type

Business

Suite

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Rent just $2650/month, downtown Ottawa's restaurant is for sale! This is a fantastic business opportunity. The restaurant locates in an excellent place in Ottawa's Little Italy, close to Chinatown, within Ottawa's renowned Asian and Italy dining district. It enjoys a steady flow of customers, offers free parking, and has convenient evening and weekend parking spots. In every summer, during the Italian Food Festival, stalls can be set up on the roadside in front of the restaurant to sell food. Additionally, there is a patio outside of the restaurant. The planned newly built Ottawa Senators stadium just nearby walking distance is expected to bring a significant increase in foot traffic. The kitchen and dining area are fully equipped and ready for immediate use(including value $50000 range hood). The restaurant has received high ratings on Google and has been featured in media outlets such as the Ottawa Citizen and CTV. This is an excellent opportunity to own a well-known restaurant(you can use your brand and food style) in the heart of Ottawa's vibrant dining district, with lowest rent and a large of fixed takeout customers. It is wonderful chance for long time investment( First lease can be five years then extension every five years with competitive rent). (id:65958)

Subtype
Business
Community
4205 - West Centre Town
Living area
2,000 square feet
Lot dimensions
Unit=36.68 x 64.99 FT
On market
Mar 30, 2026
Status changed
Apr 24, 2026
Annual tax
$13,200
Zoning
Commercial
Photos
21
MLS#
X12934682
Area
OTTAWA

Features and systems

Appliances

Furniture

Heating

Forced airElectric

Cooling

Fully air conditioned

Mortgage estimate

Estimated $405/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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