See all 37 photos
37 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$2,199,999
Est. payment /mo
12 Beds
9 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision 3501 - Overbrook
MLS Listing ID X12450865
Style 3-Storey
Bedrooms 12
Annual Tax Amount $16,500
Tax Year 2024
Property Sub-Type Triplex
Property Description
Experience modern luxury and smart investing at 36 Ontario Street - a 2016-built triplex that pairs upscale design and finishes with $124K+ in annual rental income, all just steps from the Rideau River and minutes to downtown Ottawa. Tucked away on a quiet street just steps from the Rideau River, parks, and public transit and only minutes to downtown Ottawa - this property delivers both lifestyle appeal and investment value in a thriving up-and-coming area. Each unit showcases upscale finishes, including hardwood flooring, quartz countertops, custom kitchen cabinetry, 9-foot ceilings, and oversized windows that flood the interiors with natural light. The exterior is equally striking with a stone façade, four balconies, a garage, a rooftop patio that comfortably hosts 20+ guests and a modern exterior camera system for added security. Unit 1: 3 bedrooms, main-floor office, 3 full bathrooms, and exclusive rooftop access. Unit 2: 5 bedrooms plus den/office, 3.5 bathrooms, 3 separate entrances, and cold storage room. Unit 3: 4 bedrooms plus den, and 2.5 bathrooms.Currently generating $124,000+ in gross annual rent, this turnkey property offers stable cash flow with significant upside. Unit 2 presents a straightforward path to a fourplex conversion already roughed in for a kitchen and has a separate entrance. Looking ahead, the City of Ottawas proposed zoning bylaw changes - expanding permissions for three-storey buildings across more neighbourhoods create opportunities for professional office use or mixed-use redevelopment.With strong income, modern finishes, and flexible future potential, 36 Ontario Street is a rare opportunity in the heart of Ottawa.
Location
Province ON
County Ottawa
Community 3501 - Overbrook
Area Ottawa
Body of Water Rideau River
Rooms
Family Room Yes
Basement Separate Entrance, Finished
Kitchen 3
Separate Den/Office 3
Interior
Interior Features Auto Garage Door Remote
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Garage Spaces 1.0
Pool None
Waterfront Description Indirect
View City
Roof Type Flat
Lot Frontage 49.95
Lot Depth 99.78
Total Parking Spaces 4
Building
Foundation Concrete Block
Read Less Info
Listed by REAL BROKER ONTARIO LTD.
GET MORE INFORMATION
