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 walking distance to every amenity you can think of! 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. Offering approximately ~7,500Sq.Ft of interior space including basement, 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. 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 Ottawa's 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:37351)
| MLS® Number | X12450865 |
| Property Type | Multi-family |
| Community Name | 3501 - Overbrook |
| AmenitiesNearBy | Public Transit |
| Features | Lighting |
| ParkingSpaceTotal | 4 |
| Structure | Patio(s) |
| ViewType | City View |
| BathroomTotal | 9 |
| BedroomsAboveGround | 9 |
| BedroomsBelowGround | 3 |
| BedroomsTotal | 12 |
| Appliances | Garage Door Opener Remote(s), All |
| BasementDevelopment | Finished |
| BasementFeatures | Separate Entrance |
| BasementType | N/a, N/a (finished) |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Stone |
| FireProtection | Security System |
| FoundationType | Block |
| HalfBathTotal | 3 |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 3 |
| SizeInterior | 5,000 - 100,000 Ft2 |
| Type | Triplex |
| UtilityWater | Municipal Water |
| Attached Garage | |
| Garage |
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 99 Ft ,9 In |
| SizeFrontage | 50 Ft |
| SizeIrregular | 50 X 99.8 Ft |
| SizeTotalText | 50 X 99.8 Ft |
https://www.realtor.ca/real-estate/28964146/36-ontario-street-ottawa-3501-overbrook
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