For sale
House

1196 Rainbow Street

$3,099,000
Ottawa, Ontario, K1J 6X9

Overview

  • Updated On:
  • April 15 2025
  • MLS® Number
  • X11951780
  • 9 Bedrooms
  • 5 Bathrooms

Description

This unique legal Triplex, currently being used by one family, sits on a large 200' x 120' corner lot in a sought-after light industrial zone "IL2 H(14)". The property offers incredible potential with approximately 1,500 sq. ft. of newly constructed covered storage areas, ideal for various commercial and residential uses. Inside, the well-maintained units feature 10 versatile rooms, each offering the possibility for conversion into separate office spaces or other functional layouts to suit your needs. The expansive yard, measuring 100' x 120', is perfect for a range of operations, including warehousing, manufacturing, light assembly, research and development, offices, and select retail ventures. Benefit from unbeatable accessibility with quick access to Highway 417 via the Montreal Road exit and local transit just steps away. Ideally situated at the corner of Canotek Road and Rainbow Street, this property is surrounded by a variety of amenities and businesses, making it an excellent location for both residential and commercial uses. This is a rare opportunity to invest in a property that combines space, flexibility, and unmatched location. Don't miss out! (id:57887)

Price:
Price Info:
Property Type: Single Family
Building Type: House
Storeys: 3
Neighbourhood: Beacon Hill-Cyrville
Title: Freehold
Parking Type: Attached Garage, Covered
Appliances
Water meter
Dishwasher
Freezer
Hood Fan
Stove
Refrigerator
Cooling & Heating
Natural gas
Forced air
Central air conditioning, Ventilation system
ExteriorFinish
Brick
Vinyl siding
$ 15,889.19
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 12,015.44
Bedroom
BedroomsAboveGround: 9
BedroomsTotal: 9
Bathroom
BathroomTotal: 5
Basement
BasementDevelopment: Finished
BasementFeatures: Apartment in basement
BasementType: N/A (Finished)
Size
SizeInterior: 5000 - 100000 sqft
Construction
Age: 51 to 99 years
ConstructionStyleAttachment: Detached
FoundationType: Brick
Utility
UtilityWater: Municipal water
Acreage: No
LandAmenities: Park, Public Transit, Schools
Sewer: Sanitary Sewer
SizeDepth: 120 Ft
SizeFrontage: 200 Ft
SizeIrregular: 200 X 120 Ft
SizeTotalText: 200 X 120 Ft
ZoningDescription: Il2h(14)
Lower level
Type Dimensions
Bedroom 4 m x 3 m
Main level
Type Dimensions
Bedroom 5 m x 4.5 m
Bedroom 4 m x 4 m
Bathroom 3 m x 3 m
Bedroom 4 m x 4 m
Kitchen 6 m x 5 m
Laundry Room 3 m x 2 m
Upper Level
Type Dimensions
Laundry Room 2 m x 2 m
Bedroom 4 m x 4 m
Bedroom 4 m x 3 m
Bedroom 4 m x 3 m
Kitchen 5 m x 4 m
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