121 PRESTON STREET E, Ottawa

$65,000

For sale: Other

Other at 121 PRESTON STREET E, Ottawa
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® X13502962
Neighbourhood
4205 - West Centre Town

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

Sold data

Homes in West Centre Town — recent sold market

Homes in West Centre Town took a median of 28 days to sell over the last 365 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 56, across 132 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.

The median sale price was $608,450.

Homes sold for about 2.5% below asking on average, so there was room to negotiate.

About 14% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
28
Median sale price
$608,450
Sale-to-list ratio
97.5%
Sold above asking
14%

Based on 132 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 121 PRESTON STREET E