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121 Preston Street E, West Centre Town, ON K1R 7P3

Ottawa County

Key Facts

2Baths
1,907Sq Ft

Description

Exceptional Opportunity to Own a Popular Thai Restaurant in Ottawa's Little Italy. Take advantage of this rare opportunity to own Charm Thai Cuisine, a well-established and highly regarded restaurant in the heart of Ottawa's vibrant Little Italy, just minutes from Chinatown and surrounded by some of the city's most popular dining destinations. This prime location benefits from consistent customer traffic, free parking, and additional evening and weekend parking, making it convenient for both dine-in and takeout guests. During the annual Italian Festival, the restaurant has the opportunity to operate a popular outdoor food stall along the street, providing excellent seasonal exposure and increased revenue potential. The restaurant features a fully equipped commercial kitchen and a welcoming dining room, allowing a new owner to begin operations immediately. Charm Thai Cuisine has earned outstanding Google reviews and has been featured in the Ottawa Citizen and on CTV, reflecting its strong reputation and loyal customer base. Whether you're an experienced restaurateur or an entrepreneur looking to enter Ottawa's thriving food scene, this turnkey business offers outstanding value and growth potential. Serious inquiries please

Property Information

Property Type

Commercial Sale

Sub-Type

Business

Living Area

1,907 sq ft

Lot Dimensions

33.0x64.0

Parking Spaces

2

MLS® Listing#

X13502962

Property Features

Financial Details

Annual Taxes

CA$13,200

Tax year 2025

Parcel Number

041080015

Directions

Preston St. at Somerset

Affordability Calculator

$17,000

Estimated monthly payment

$452/mo

Principal $68,000 · Est. interest $94,866 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in West Centre Town, ON

CA$717,926
Median Listing Price
46
Median Days on Market
1,300
Median Sq Ft
CA$568
Median Price / Sq Ft
6,004
Active Listings
  • This home’s price is 88% below the area median.
  • Its price per sq ft is 92% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in West Centre Town, ON.

Location

Map showing the location of 121 Preston Street E, West Centre Town, ON K1R 7P3

Points of Interest in West Centre Town, ON

Showing the West Centre Town area map.

Nearby Schools

  • Nanny Goat Hill Nursery School

    School · 0.4 km away

  • St Anthony Catholic School

    Elementary · 0.5 km away

  • Devonshire Community Public School

    Elementary · 0.5 km away

  • Adult High School

    Secondary · 0.5 km away

  • Cambridge Street Community Public School

    Elementary · 0.6 km away

  • Richard Psass Alternate School

    Secondary · 0.9 km away

  • Ecole Elementaire Publique Louise-Arbour

    Elementary · 1.0 km away

  • Heritage Academy

    School · 1.0 km away

  • Ecole St-Francois-D'Assise

    Elementary · 1.0 km away

  • Centennial Public School

    School · 1.0 km away

  • Urban Aboriginal Alternate High School Program

    Secondary · 1.1 km away

  • Vendange Institute

    School · 1.1 km away

  • St. Patrick's Adult School

    Elementary · 1.2 km away

  • Connaught Public School

    Elementary · 1.3 km away

  • ABC Daycare Centre

    School · 1.4 km away

  • Glebe Collegiate Institute

    Secondary · 1.5 km away

  • Parkdale Montessori School

    Elementary · 1.6 km away

  • Glashan Public School

    Secondary · 1.6 km away

  • Glebe Montessori School

    Secondary · 1.7 km away

  • Acorn Early Learning Centre

    School · 1.8 km away

Commute Calculator

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Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

Information located on this site is from sources believed to be reliable but should not be relied upon without verification. The Ottawa Real Estate Board assumes no responsibility for its accuracy. 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.F119

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by A00001796. MLS® Listing#X13502962. © 2026EXIT Realty®. All rights reserved.