Listed for:Listed Jul 6, 2026
$950,000

449 Preston Street

Ottawa (West Centre Town), ON K1S 4N5

Store W Apt/Office For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 449 Preston Street, Ottawa, West Centre Town

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 449 Preston Street, Ottawa, West Centre Town

Summarized Description

  • Located on Preston Street near major landmarks.
  • Includes a finished basement for additional space.
  • Mixed-use building with commercial and residential units.
  • Potential for future development while generating income.
  • Close proximity to Dow's Lake LRT Station.
  • Ground floor restaurant adds convenience.
  • Income-generating property with significant NOI.
  • Ideal investment opportunity in a prime area.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$14,300
Land Transfer Tax Fee
$15,475

Interior Features

Security Features
No
Fireplace/Stove
No
Elevator
No

Building

Building Type
Store W Apt/Office

Lot

Lot Front
25.00 ft
Lot Depth
75.00 ft

Parking & Garages

Garage Type
None

Heating & Cooling

Heat Type
Baseboard
Air Conditioning
Yes
Water
Municipal

Municipality
Ottawa
Neighbourhood
West Centre Town
Main cross streets
Preston St & Adeline St
Zoning
MS1[86] H(19.5)
Directions
Head north on Preston St. from Carling Ave., property on east side of Preston St just north of Adeline St.

MLS® number
X13529292
Data source
Toronto Regional Real Estate Board
Listed on
2026-07-06
Updated on
2026-09-18
Days on market
101 days
Possession type
Flexible
Co-op commission
1.5%
Seller
Listed by
SHAKER REALTY LTD.

Home Market Value

Current home valuation for 449 Preston Street, Ottawa, West Centre Town, Ottawa, ON. Listed for $950,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 449 Preston Street, Ottawa, West Centre Town

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Ottawa, ON
Minimum Down Payment Required:7.4%

5% on first $500K + 10% on $450,000 over $500K

Minimum down payment

$70,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$35,188$26,505$22,610$0
=Total mortgage
$914,888$881,505$830,110$760,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,467monthly$4,304monthly$4,053monthly$3,711monthly
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Land Transfer Tax

Provincial

$15,475

Total Land Transfer Tax

$15,475

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