121 Preston Street E, Ottawa
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 (id:1945)
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Property details for 121 Preston Street E, Ottawa
- Type
- Commercial
- Bathrooms
- 2
- Living Area
- 1,907 square feet
- Lot Size
- Unit=33 x 64 FT
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Annual Taxes
- $13,200
Nearby Listings Stat
Estimated price and comparable properties near 121 Preston Street E
Active Listings
135
Min Price
$65,000
Max Price
$1,599,000
Avg Price
$660,750
Days on Market
56
days
Sold Listings
47
Min Sold Price
$334,900
Max Sold Price
$1,240,000
Avg Sold Price
$656,755
Days until Sold
56
days
Neighbourhood Census Data
Ottawa, Ontario
Population
519
Median Age
41.6
Median Income
$22,784
Dwelling Value
$349,695
Housing Tenure
Owners 35%
Renters 67%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.8
Pop. Density: 7,923.7/km²
Avg Shelter Cost: $1,438/mo
Owners with Mortgage: 73.3%
Owners Spending 30%+: 21.4%
Tenants Spending 30%+: 41.4%
English only: 59.4%
English and French: 31.3%
Neither: 7.3%
Median Household Income: $39,040
Median Employment Income: $31,584
Price History
Listed
June 29, 2026
by DETAILS REALTY INC.
Current Price
$65,000
-23.5% from last change
Type
Commercial
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $65,000 | $20,000 (-23.5%) |
| Sep 25, 2026 | $85,000 | Listed |