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118 Preston Street, West Centre Town, ON K1R 7P2

Office
$1,895

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.

MLS number
X12891450
Type
Office
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
K1R 7P2
Photos
33
Property tax
$1,697 / year
179days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Jérôme Lejeune SchoolElementary377 mNot reported
Devonshire Community Public School
Ottawa-Carleton DSB
Elementary470 m8.5 / 10
85% met the standard
Adult High School
Ottawa-Carleton DSB
Secondary555 m2.1 / 10
21% met the standard · 1 of 6 measures
École intermédiaire catholique Saint-Jean-Baptiste
CSDC du Centre-Est de l'Ontario
Elementary527 mNot reported
École secondaire catholique Saint-Jean-Baptiste
CSDC du Centre-Est de l'Ontario
Secondary527 mNot reported
St Anthony Elementary School
Ottawa CSB
Elementary549 m8.0 / 10
80% met the standard · 5 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 516 people.

$87,000Median household income
44.1%Own their home
5.3%Detached houses
41.6Median age
7.5%Born outside Canada
55.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35060354 — the few blocks around this address, home to 516 people. It describes the area, not this property.

516Population
42.9Average age
1.8Household size
$151,000Average household income
$87,000Median household income
44%Own their home
56%Rent
15%Condominiums
8%Born outside Canada
56%University degree
$660,000Average home value
7%Low income
45%Not in the labour force
31%Never married
$5,000 to $9,9991%
$20,000 to $24,9994%
$25,000 to $29,9993%
$30,000 to $34,9991%
$35,000 to $39,9993%
$40,000 to $44,9993%
$45,000 to $49,9993%
$50,000 to $59,9995%
$60,000 to $69,9995%
$70,000 to $79,9995%
$80,000 to $89,9994%
$90,000 to $99,9995%
$100,000 and over29%
$100,000 to $124,9996%
$125,000 to $149,9994%
$150,000 to $199,9998%
$200,000 and over12%

Percentages are of the 390 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Listed by ROYAL LEPAGE TEAM REALTY. Listing data provided by the Toronto Regional Real Estate Board.