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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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121 Preston Street West Centre Town, Ottawa
For SaleWest Centre Town

121 Preston Street West Centre Town, Ottawa, Sale Of Business for Sale

MLS® X12934682

West Centre Town, Ottawa, ON

223 days on market
$100,000
Show on Map
Show on Map
N/ABeds
2Baths
2,000Sqft
N/AParking
Sale Of Business

Overview· 121 Preston Street West Centre Town, Ottawa

MLS® #X12934682

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).

Inclusions

Equipments, utensils, appliances, inventories,furnitures

Exclusions

No

Broker

COLDWELL BANKER FIRST OTTAWA REALTY

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Walk Score®97Walker's ParadiseWalker's Paradise
Transit Score®77Excellent TransitExcellent Transit
Bike Score®98Biker's ParadiseBiker's Paradise
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Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 121 Preston Street West Centre Town, Ottawa

Source: MLS® listing data
121 Preston Street West Centre Town, Ottawa

Sale Of Business

121 Preston Street West Centre Town, Ottawa

West Centre Town

Type

Sale Of Business

Parking

Reserved/Assignd

Property Tax

~$13,200/yr

Heating

Electric Forced Air

Buying Essentials

Square Feet

2000 sqft

Parking

Reserved/Assignd

Finances

List Price

$100,000

Price per SQFT

$50/sqft

Property Tax

~$13,200/yr

Property Specs

Property Type

Sale Of Business

MLS Size

2000 sqft

Living & Amenities

Heating Type

Electric Forced Air

Policies & Utilities

Neighbourhood

West Centre Town

Listed On

Mar 28, 2026

Public Transit

Recreation/Community Centre

Price & Listing History

Days on Market

Current: 223 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Mortgage Summary

Mortgage Payment$402/mo
Property Tax$1,100/mo
Total Monthly$1,502

Monthly Cash Flow (investors)

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Net Cash FlowN/A

Closing Costs

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Cash required incl. down payment$0