$2,650,000
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499 Preston Street, Ottawa, ON K1S4N7

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- Beds
0 Baths
4,348 Sq Ft

A rare going-concern opportunity in one of Ottawa's most recognizable buildings. This landmark 1983 church conversion at 499 Preston Street sits at the heart of Little Italy and the Dow's Lake entertainment corridor, one of the city's most trafficked and culturally vibrant stretches. The property spans approximately 4, 348 square feet on a 50 x 76-foot lot with Mainstreet (TM) zoning and offers the kind of visibility that most commercial operators spend years trying to earn. What makes this exceptional is what comes with the building. The business is established, operational, and generating revenue with an active client base and multi-year contracts already in place. The books are open for qualified buyers to review, and current ownership is committed to a proper transition. Run it as is, scale it, or bring your own vision entirely. For the right entrepreneur, this is not a startup. It is a running operation with infrastructure, clientele, and cash flow from day one. The space is purpose-built for collaboration and hospitality. Features include two kitchenettes, 5 bathrooms including one with a shower, soaring ceilings, and expansive open-concept areas suited to events, wellness, professional services, or creative industries. Mainstreet zoning supports retail, restaurant, medical, office, and institutional uses. Steps from Dow's Lake, the Civic Hospital, and the luxury condominium developments reshaping this corridor, the location is only gaining momentum. Specialized commercial financing is available through our lending connections, with strong loan-to-value ratios accessible for qualified buyers. Buyer to verify all measurements and permitted uses. (id:58753)

Listing By: Fady Khudair - SUTTON GROUP - OTTAWA REALTY
Source: CREA #X13444616 Listing provided courtesy of Canadian Real Estate Association
  • MLS® X13444616
  • Date Listed06/15/2026
  • Days on Realty 106 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Property Type Other
  • Water Public
  • Square Feet 4,348 sq. ft
  • Price Per Sq. Ft $609.48

Interior Features

  • Cooling Fully air conditioned
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Elevator

Directions

Close proximity to the intersection of Carling Avenue and Preston Street.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K1S4N7

Discover key demographics, population statistics, and environmental insights for the Ottawa, ON area.

Walkability in ON / K1S4N7

Source: Walk Score

95/100

Walker's Paradise

Walk Score ®

59/100

Good Transit

Transit Score ®

100/100

Biker's Paradise

Bike Score ®

Overview

Daily errands do not require a car. Many nearby public transportation options. Daily errands can be accomplished on a bike.

Transit Summary

14 nearby routes: 14 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 68/100, Transit Score: 61/100, Bike Score: 83/100.

Points of Interest near 499 PRESTON STREET, Ottawa, ON K1S4N7

Frequently Asked Questions for 499 PRESTON STREET

Source: Realty.com

499 PRESTON STREET, Ottawa, ON K1S4N7 in Ottawa, ON K1S4N7 is a other listed at $2,650,000. Highlights include 4,348 sq. ft., $609 per sq. ft.. Realty.ca has 50 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 50 photos of 499 PRESTON STREET.

The full address for this home is 499 PRESTON STREET, Ottawa, ON K1S4N7.

499 PRESTON STREET has been listed on Realty.com since Mon June 15, 2026

Daily errands do not require a car. Many nearby public transportation options. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 68/100, Transit Score: 61/100, Bike Score: 83/100.

Listing provided courtesy of: SUTTON GROUP - OTTAWA REALTY
Listing agent: Fady Khudair

This content last refreshed on 2026-09-29 11:38:00. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.