For Rent

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

$1,895

118 Preston Street, West Centre Town, Ontario K1R 7P2 is For Rent and has a listing price of 1,895. The property is located in the West Centre Town . It's been on the website for 4 Days.

  • Office
    Property Type
  • MLS ID: X12891450
  • Office Name ROYAL LEPAGE TEAM REALTY
Property Description

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. Two parking spaces included! Base Rent: $1,895. Additional rent estimated at $1,697/month. Tenant is responsible for hydro and gas.

Property Details
  • Property Type: Commercial
  • Listing Type: For Rent
  • Listing ID: X12891450
  • Price: $1,895
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 132.21
  • Ref ID: X12891450
  • Dir / Cross St: Preston & Somerset
  • Status: Active
  • Tax Year: 2025
  • Property Type: Office
  • Property Sub Category: Office
Price History
List Date MLS ID List Price Status End Date Closed Price
03/17/2026 X12891450 $1,895 For Rent - -
09/12/2025 X12400704 $1,995 For Rent - -
02/18/2025 X11976130 $14 For Rent - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
West Centre Town
  • $2,071 Average List Price
    based on 1 year
  • 69 New Listings
    based on 30 days
  • 45 Median Days on Market
    based on 1 year
  • List vs. Selling Price 78.73 % Up
  • Sold (12mo) 105
  • Rented (12mo) 87

  • 1 Month Change -
  • 3 Month Change -
  • 6 Month Change -
Walkscore
Additional Details
  • Heat Type Y
  • Garage Type Y
  • Taxes: $1,697
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 17/03/2026 15:48:23
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