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Last Updated : 20 Days ago
356 Preston Street, Dows Lake - Civic Hospital and Area, ON, 4502 - West Centre Town
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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: For Sale

  • 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 (20 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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  • 24
  • 30+
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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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FAQs: 356 Preston Street, Dows Lake Civic Hospital and Area

  • Q: Does this Project 356 Preston Street available for Sale ?

    A: The project 356 Preston Street is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 356 Preston Street is Offering?

    A:Square Yards is giving a Cashback of $12,995 if you buy this property from us, however there are several key features offered by the 356 Preston Street. You get + Beds with Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 356 Preston Street, Ottawa?

    A: 356 Preston Street, Ottawa comes with + Beds for maximum convenience and space. There are baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Ottawa, On?

    A:Ottawa, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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