121 Preston Street E, West Centre Town, ON K1R 7P3
4205 - West Centre Town, West Centre Town · Near Somerset St. West · View map
About this home
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
The home
- Type
- Sale of business
- Square footage
- 1907 sq ft
- Bathrooms
- 2
- Lot size
- 33 x 64 ft
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Garage
- Lane
- Driveway spaces
- 2
- Total parking
- 2
Taxes & other
- Property taxes
- $13,200/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- TBD
- Cross street
- Somerset St. West
- Neighbourhood
- 4205 - West Centre Town
More
- MLS® number
- X13502962
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
121 Preston Street, West Centre Town, ON K1R 7P3
4205 - West Centre Town, West Centre Town · Near Somerset St. West
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Listing history for 121 Preston Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 121 Preston Street E
Answers come straight from this home’s MLS® listing.
How much is 121 Preston Street E listed for, and what would it cost each month?
121 Preston Street E is listed for $65,000. With 20% down ($13,000), the mortgage payment would be roughly $262 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,362 a month, all in. That figure is an illustration, not a quote.
Is 121 Preston Street E freehold or a condo, and is there a monthly fee?
121 Preston Street E is a sale of business in 4205 - West Centre Town, West Centre Town. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 121 Preston Street E have a garage and parking?
Yes. The listing shows the garage as lane. The driveway adds 2 spaces. In total the listing counts 2 parking spaces.
What style of home is 121 Preston Street E?
121 Preston Street E is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 121 Preston Street E, and what is the lot size?
The lot is listed as 33 x 64 ft.
How is 121 Preston Street E heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 121 Preston Street E?
Property taxes are $13,200 a year (2025), or about $1,100 a month.
Where is 121 Preston Street E?
121 Preston Street E is in the 4205 - West Centre Town community of West Centre Town. The nearest main intersection is Somerset St. West. The postal code is K1R 7P3.
Is 121 Preston Street E still for sale?
Yes. It is an active listing (MLS® X13502962). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 121 Preston Street E asking?
Similar properties for sale nearby right now include 777 Somerset Street W at $49,900. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 121 Preston Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 121 Preston Street E?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Courtesy of: DETAILS REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. 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.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.