121 Preston Street
West Centre Town, ON K1R 7P3
NewActiveFor Sale
0 Beds
0 Baths
2,000 Sq Ft
2,384 Lot Sq Ft
Commercial
About This Property
Downtown Ottawa's restaurant is for sale! This is a fantastic business opportunity. The restaurant boasts an excellent location 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. 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 Arena nearby is expected to bring a significant increase in foot traffic. The kitchen and dining area are fully equipped and ready for immediate use. 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, for a quick sale. Serious inquiries are welcome.
Property Details
StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size2,000 sq ft
Lot Size2,384 sq ft
Bedrooms0
Bathrooms0
ListedMarch 6, 2026
Postal CodeK1R 7P3
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12855230
Listed by COLDWELL BANKER FIRST OTTAWA REALTY
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. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$537
/month · $88,000 mortgage
Down Payment20% — $22,000
Interest Rate5.5%
Amortization
Total Interest
$73,143
Total Cost
$161,143
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
COLDWELL BANKER FIRST OTTAWA REALTY