Multi-Family $ 2,199,999

36 Ontario ST

Overbrook - Castleheights And Area, ON K1K 1L1

  • 12 Beds
  • 9 Baths
  • - Year Built
Experience a rare blend of modern luxury and high-yield investment at 36 Ontario Street, a stunning 2016-built triplex generating over $124,000 in annual rental income. Nestled on a quiet street just steps from the Rideau River, this property offers an unparalleled lifestyle in a thriving neighbourhood, all while staying minutes from downtown Ottawa and within walking distance to every imaginable amenity. Boasting approximately 7,500 square feet of sophisticated interior space, the building is defined by its striking stone facade and premium finishes. Inside, you will find hardwood flooring, quartz countertops, custom cabinetry, nine-foot ceilings, and massive windows that bathe every floor in natural light. The exterior is designed for both security and leisure, featuring four private balconies, a garage, and an expansive rooftop patio capable of hosting 20 or more guests, all protected by a modern camera system. The floor plans are remarkably generous and versatile. Unit 1 offers three bedrooms, a main-floor office, three full bathrooms, and exclusive access to the rooftop terrace. Unit 2 is exceptionally spacious, providing five bedrooms plus a den, three and a half bathrooms, three separate entrances, and a cold storage room. Unit 3 completes the building with four bedrooms plus a den and two and a half bathrooms. The investment potential here is truly future-proof. Unit 2 is already roughed-in for a kitchen and features a separate entrance, providing a straightforward path to a legal four-plex conversion. Furthermore, the property sits within the City of Ottawa's newly approved N4B zoning transect. This powerful designation supports significant intensification, allowing for heights up to four storeys and expanded permissions for multi-unit or professional mixed-use redevelopment. With strong existing income, high-end modern finishes, and flexible growth potential, 36 Ontario Street represents a rare and prestigious opportunity in the heart of the capital.
Listed by Ali Realty Group Inc.

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Sub Type Triplex

    Listing Status Active

    Purchase Type For Sale

    Approx. Sqft 5000 +

    Subdivision 3501 - Overbrook

    MLS Listing ID X12831866

    Style 3-Storey

    Bedrooms 12

    Annual Tax Amount $16,500

    Tax Year 2025

    Property Sub-Type Triplex

  • Location

    Province ON

    County Ottawa

    Area Ottawa

    Body of Water Rideau River

  • Rooms

    Basement Separate Entrance, Finished

    Kitchen 3

  • Building

    Foundation Concrete Block

  • Interior

    Interior Features Auto Garage Door Remote

    Cooling Central Air

    Inclusions All appliances

  • Exterior

    Exterior Feature Lighting, Patio

    Parking Features Attached

    Garage Spaces 1.0

    Pool None

    View City

    Roof Type Flat

    Total Parking Spaces 4

CONTACT

Akash Sharma
Akash Sharma

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