For LeaseOffice

118 Preston Street

$1,895/mo
1,882 sqft$1.01/sq ft117d on market
MLS# X12891450West Centre Town, Ottawa · K1R 7P2
Bedrooms
Size
1,882 sq ft
Parking
None

About This Listing

Prime second-floor office opportunity at the high-traffic intersection of Preston Street and Somerset Street West in Ottawa's Little Italy. Offering 1,882 square feet of functional office space, the unit features excellent natural light and a strong street presence. Ideally suited for professional offices, creative users, or service-based businesses seeking a central, amenity-rich location. Surrounded by a mix of restaurants, cafés, and retail shops, with convenient access to public transit and Highway 417. Four parking spaces included! Base Rent: $1,895. Additional rent estimated at $1,697/month. Tenant is responsible for hydro and gas.

Monthly Mortgage (P&I)$8
Property Tax (MLS)$141
Maintenance Fees$0
Total Monthly Cost$150

Down payment: $379 (20.0%) · Mortgage: $1,516

Property tax uses MLS annual tax of $1,697/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Property Details

MLS NumberX12891450
Property TypeOffice
StyleOffice
Listing TypeFor Lease
StatusActive
Size1,882 sq ft
Parking TypeNone
Property Tax$1,697/yr
Days on Market117
Listed2026-03-17
CommunityWest Centre Town
MunicipalityOttawa
Cross StreetPreston & Somerset

Listing provided by ROYAL LEPAGE TEAM REALTY

Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing or renting.

Sold and leased listing data is provided under the Virtual Office Website (VOW) data feed and is available only to registered users who have agreed to the Terms of Use. This data is for personal, non-commercial use only and may not be copied, redistributed, or retransmitted.

MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.

Data last updated: August 23, 2026 at 06:27 a.m.