strong street presence
bright eating area
street view eating
eating area
room to expand seats
open concept
newer kitchen fixtures
open concept kitchen
triple sink
large prep area
hood fan
basement storage
rear exit door
rear parking for 3 cars
266 Preston Street photo 15
apartment entrance
bright apartment entrance area
apartment eating area
kitchen
kitchen
Den
266 Preston Street photo 22

266 Preston Street

4205 - West Centre Town / West Centre Town, ON K1R 7R5

ActiveFor Sale
0 Beds
4 Baths
1,650 Sq Ft
2,680 Lot Sq Ft
Commercial

About This Property

Turnkey Restaurant & Building for Sale - Prime Ottawa Growth Corridor. Exceptional opportunity to acquire both a long-established restaurant business and the commercial building in one of Ottawa's most rapidly evolving neighborhoods. Kochu Restaurant is a successful, turnkey operation offering 16 seats, a clean and efficient commercial kitchen, professional hood fan system, and a well-maintained dining area. The property underwent a substantial two-story addition in 2013, with many fixtures, equipment, and building components updated at that time. The upper-level apartment provides additional income potential of approximately $2,000 per month, while rear parking offers added convenience. Ideally positioned just steps from the LRT station, near the new Civic Hospital campus currently under development, and close to the proposed future stadium district, this property stands to benefit from significant long-term growth, increased traffic, and ongoing neighborhood investment. Property Features: Building and established restaurant business included. Rear parking. Excellent building condition. High-growth location near major infrastructure projects. An ideal opportunity for owner-operators, investors, or those seeking a strategic holding in a rapidly appreciating area with future redevelopment potential.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size1,650 sq ft
Lot Size2,680 sq ft
Bedrooms0
Bathrooms4
Postal CodeK1R 7R5
Last UpdatedAug 8, 2026 · 7:37 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13220762

Listed by ROYAL LEPAGE INTEGRITY 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.

$1,250,000

asking price

MLS®X13220762
TypeCommercial
CityWest Centre Town
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$6,104

/month · $1,000,000 mortgage

Down Payment20% — $250,000
Interest Rate5.5%

Amortization

Total Interest

$831,174

Total Cost

$1,831,174

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

ROYAL LEPAGE INTEGRITY REALTY