36 Ontario St

For Sale New 2 hours
$2,199,999
12 beds
9 baths

36 Ontario St

For Sale New 2 hours
$2,199,999
12 beds
9 baths

Highlights

Key insights

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. (id:63267)

Akash Sharma of REAL BROKER ONTARIO LTD.,
#X12450865
updated 2 hours ago.
Houseful checked MLS® for data 2 hours ago.

Home overview

Amenities / Utilities
  • Cooling
    Central air conditioning
  • Heat source
    Natural gas
  • Heat type
    Forced air
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    3
  • # parking spaces
    4
  • Has garage (y/n)
    Yes
Interior
  • # full baths
    6
  • # half baths
    3
  • # total bathrooms
    9.0
  • # of above grade bedrooms
    12
Location
  • Subdivision
    3501 - overbrook
  • View
    City view
  • Water body name
    Rideau river
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12450865
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28964146/36-ontario-street-ottawa-3501-overbrook
  • Listing type identifier
    Idx

Show less

The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
rbc logo
Lock your rate with RBC pre-approval
Mortgage rate is for illustrative purposes only. Please check RBC.com/mortgages for the current mortgage rates

$-5,867

/ Month
25 Years fixed, 20% down payment, % interest
$
$
$
%
$
%

Nearby Homes