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Last Updated : 182 Days ago
356 Preston Street, Dows Lake - Civic Hospital and Area, ON, 4502 - West Centre Town

356 Preston Street, Dows Lake - Civic Hospital and Area MLS Number: X12544952

4502 - West Centre Town, Dows Lake - Civic Hospital and Area, Ottawa, ON, K1S 4M7

$2,599,000

Status:

  • Property Type: Commercial (Commercial Retail)
  • Property Taxes : $23091.43 (Tax Year:2025)
  • Listing Courtesy : Shaker Realty Ltd.

356 Preston Street Property Description

Exceptional Opportunity to own a single use building in a PRIME location in the Heart of Little Italy!!! Occupied by the established and successful La Favorita Restaurant. Building is for sale for owner occupier (with 6-12 months notice) OR a new net lease back option providing a great income/stability for a new building investor. Building has even completely renovated over the past 15 years. Large outdoor patio on the property. 2800 sq ft of interior space including useable mezzanine plus small office/apartment on 2nd floor. High Ceilings provide an impressive wow factor as you walk into the space. Located across from the largest office/retail/residential complex on Preston Street - Preston Square. The area is experiencing vast growth and development with many new high rise condo/apartments, the future Ottawa Hospital Campus at Preston & Carling and future home of the Ottawa Senators New NHL Arena at Lebreton Flats.

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356 Preston Street Property Facts

Property Type :Commercial
MLS Number :X12544952
Listing Type :Sale
Possession Date :
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Last Updated :14 Nov, 2025 (182 Days ago)
Source :Toronto Regional Real Estate Board
Area :Ottawa
Postal Code : K1S 4M7
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356 Preston Street Property Price & Tax Insights

Price : $2,599,000
Property Taxes :$23091.43
Tax Year :2025

356 Preston Street, Dows Lake Civic Hospital and Area Property Details

Air Conditioning :Yes
Heating :Gas Forced Air Open
Cross Street :Preston and Aberdeen

356 Preston Street, Dows Lake Civic Hospital and Area - Price History

2025-11

14 Nov, 2025

TREB #X12544952

Listed

$2599000.0

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356 Preston Street - Location Map and Landmarks

  • University of Ottawa Heart Institute, Ottawa 1.16 km
  • The Ottawa - Civic, Ottawa 1.29 km
  • Royal Ottawa Mental Health Centre, Ottawa 2.08 km
  • The Ottawa - Riverside, Ottawa 3.26 km
  • National Defence Medical Centre, Ottawa 4.09 km
  • Children's of Eastern Ontario (CHEO), Ottawa 4.62 km
  • The Ottawa - General, Ottawa 4.71 km
  • Montfort, Ottawa 7.47 km
  • Queensway Carleton, Ottawa 10.62 km
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