254 PRESTON STREET, Ottawa

$5,500/mo

For rent: Other

Other at 254 PRESTON STREET, Ottawa
Property type
Commercial Retail
MLS®
MLS® X13687308
Neighbourhood
4205 - West Centre Town

Prime Second Floor Little Italy location at the corner of Preston Street and Gladstone Avenue. The space features 3,000 square feet of open concept space, many windows facing east and south bringing lots of natural light, two washrooms, and a bar area. High visibility location benefits from a large volume of pedestrian and vehicular traffic, steps away from Corso Italia LRT station and is surrounded by many well known restaurants, cafes, shops. Can be used for a variety of uses not limited to office space, lounge space, event space, cooking school, professional service uses. Monthly Rent $5,500 per month plus HST. Tenant pays proportionate share of Property taxes ($3/sq ft), garbage, snow plus Heat & Hydro. Option 2: full floor of 5,000 square feet also available which can be used as a restaurant and includes fully equipped kitchen, storage, office and back patio at $10,000 per month plus HST and proportionate share of Property taxes ($3/sq ft), garbage, snow, and all Utilities. Only the full floor of 5,000 sq ft can be used as a restaurant.

Sold data

Other homes in Ottawa — recent sold market

Other homes in Ottawa took a median of 28 days to sell over the last 730 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 58, across 45 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.

The median sale price was $799,000.

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

About 13% 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
$799,000
Sale-to-list ratio
97.5%
Sold above asking
13%

Based on 45 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. 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 254 PRESTON STREET