For rent 39$5,700/mo est.
$36/sq ft/yr base rent. Taxes, maintenance and insurance are extra.
266 Preston Street North
West Centre Town, Ottawa, Ontario K1R7R5
For rent· Added
About this property
EXCEPTIONAL TURN-KEY RESTAURANT OPPORTUNITY IN THE HEART OF LITTLE ITALY! Welcome to 266 Preston Street, ideally situated along one of Ottawa's most vibrant and established commercial corridors. This well-maintained property offers excellent street exposure, strong visibility, and an outstanding opportunity for restaurant operators looking to establish or expand their business in a highly desirable location. The main floor features approximately 940 sq. ft. of fully equipped restaurant space, plus an additional 260 sq. ft. of basement storage. The second floor offers a two-bedroom apartment with a kitchen and full bathroom, providing flexible options for residential accommodation, office space, or staff facilities. The building underwent extensive renovations exceeding $450,000 in 2013 and has been well maintained. Conveniently located near the LRT, Dow's Lake, and downtown Ottawa, with ongoing development and intensification throughout the Preston Street corridor. An exceptional opportunity to lease an entire building in one of Ottawa's most recognizable and sought-after neighborhoods. Estimated TMI (2026): $12.95/sq. ft.
Location
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Property details
Listing
- MLS® number
- X13884444
- Added
- Oct 10, 2026 ()
- Updated
- Oct 10, 2026 ()
- Info refreshed
Overview
- Property type
- Retail
Inside
- Bathrooms
- 4
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Fireplace
- No
- Features
- Irregular lot size
Building
- Parking
- 3 spaces
Land
- Lot size
- 26.28 x 99.88 ft
- Zoning
- TM[78] H(15)
Services
- Water
- Municipal water
Location
- Cross streets
- Preston and Gladstone
- Directions
- Carling to Preston at Gladstone.
Running costs
- Annual property tax
- $11,809
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