$ 65,000

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

Contact Agent Get in touch about 121 Preston Street E, Ottawa

Ross Long
Ross Long
DETAILS REALTY INC.