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356 PRESTON STREET, Ottawa, Ontario, K1S 4M6

MLS® # 1405509
Commercial For Sale In West Centertown, Ottawa, Ontario
$3,100,000
356 Preston Street, Ottawa, ON
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ACTIVE
356 PRESTON STREET, Ottawa, Ontario, K1S 4M6
$3,100,000

Property Information:

PRIME location in the heart of Little Italy! And across from the largest office/retail/residential complex on Preston Street - Preston Square. Single Use building currently occupied by La Favorita Restaurant established for over 35 years and over 15 years in this location. Building for sale and new net lease to be negotiated. Otherwise, vacant possession requires at least 6 months notice. Building has been completely renovated over past 15 years in 2 stages. Large outdoor patio is located on the property not city sidewalk. 2800 sq ft of interior space including useable mezzanine. Very High Ceilings. Note zoning: TM [78] H(15) for redevelopment purposes. Successful Business could also be for sale at additional purchase price. (id:27)

Property Features:

  • OwnershipType: Freehold
  • Property Type: Retail
  • Irregular: Yes
  • Lot Depth: 98.3 Feet
  • Lot Frontage: 33.3 Feet
  • Lot Size: 33.29 ft X 98.35 ft
  • Zoning: TM[78] H(15)

Courtesy of: SHAKER REALTY LTD.

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 356 PRESTON STREET, Ottawa, Ontario, K1S 4M6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

47/100

Moderate

ClimateCheck®

Current data

This property, 356 PRESTON STREET , experiences 7 hot days per year at around 31.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 34.7 degrees Celsius.

Projected Avg. Temperature

Past
31.3℃
2050
34.7℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 356 PRESTON STREET , experiences 11 significant 2-day storms per year, with about 317.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 405.4mm of precipitation per year.

Precipitation Per Storm

Past
317.1mm
2050
405.4mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 356 PRESTON STREET, Ottawa, Ontario, K1S 4M6

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$163,256.16

Average Number of Children

1.75

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

6.36 %

High school certificate or equivalent

24.36 %

Apprenticeship trade certificate/diploma

3.1 %

College/non-university certificate

11.83 %

University certificate (below bachelor)

1.25 %

University Degree

53.09 %

Commuter

Travel To Work

By Car

59.96 %

By Public Transit

12.65 %

By Walking

17.15 %

By Bicycle

4.36 %

By Other Methods

5.88 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

66.25 %

Houses

33.75 %

Own Vs. Rent

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