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449 Preston Street

449 Preston Street

Dows Lake - Civic Hospital and Area, ON

  • 1,600 sqft
  • Store W Apt/Office
  • 64 days on market
$950,000

Prime Location on Preston Street one block from Claridge's ICON Building, Soho Italia Building and very close to Dow's Lake LRT Station and future Ottawa Hospital. Commercial/Residential building. Restaurant on ground floor + 1 bedroom apartment above. Approx. 1600 sq ft including finished basement. NOI: approx. $57k/annum. Potential future development while earning income from existing tenants. Ideal as an investment property.

Listing Details

Taxes (2025)
$14,300
Listed
July 6, 2026

Price History

Property

Lot Size
25 x 75 Feet

Parking

Garage
None

Location & Legal

Cross Street
Preston St & Adeline St
Zoning
MS1[86] H(19.5)
Parcel Number
041040001
Possession
Flexible
Occupancy
Tenant

Commercial

Office / Apartment Area
600 Sq Ft

Community

Postal area K1S

Population
31,257
Private dwellings
15,662
Median age
39.2
Average household size
2.1
Median household income
$106,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Dows Lake - Civic Hospital and Area · last 12 months

Median sold price
$653,450
Homes sold
126
Median days on market
22
Sale-to-list price
97.8%

Based on 126 recorded sales of commercial properties in Dows Lake - Civic Hospital and Area over the last 12 months.

Listed by

SHAKER REALTY LTD.

Walk Score

91

Walk

59

Transit

100

Bike

Scores by Walk Score®

Commercial figures

Building area
1,600 sq ft
Price per sq ft
$593.75
Annual property tax
$14,300
Tax per sq ft
$8.94

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Potential future development while earning income from existing tenants.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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