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Est. payment /mo
12 Beds
9 Baths
New
36 Ontario ST Overbrook - Castleheights And Area, ON K1K 1L1
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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 X13567152
Style 3-Storey
Bedrooms 12
Annual Tax Amount $17,733
Tax Year 2025
Property Sub-Type Triplex
Property Description
Invest or live in luxury at 36 Ontario Street. This 2016-built executive triplex offers incredible flexibility for both investors and owner-occupiers. With all current tenants on month-to-month leases, you have the rare opportunity to move into one of the expansive units while the others help pay your mortgage, or simply take over a high-performing asset generating over $124,000 in annual income for a 5.96% gross yield. Located just steps from the Rideau River, parks, and public transit, this property sits minutes from downtown Ottawa. The building features approximately 7,500 square feet of interior space with upscale finishes throughout. Each unit boasts hardwood flooring, quartz countertops, custom kitchen cabinetry, 9-foot ceilings, and oversized windows. The striking stone exterior includes a garage, four balconies, modern security cameras, and a massive rooftop patio that easily hosts over 20 guests.The floor plans are incredibly spacious. Unit 1 features 3 bedrooms, a main-floor office, 3 full bathrooms, and exclusive rooftop access. Unit 2 offers 5 bedrooms plus a den, 3.5 bathrooms, cold storage, and three separate entrances. Unit 3 completes the property with 4 bedrooms, a den, and 2.5 bathrooms.Future potential is built right in. Unit 2 features a separate entrance and is already roughed-in for a kitchen, offering a straightforward path to a fourplex conversion. Furthermore, the City of Ottawa's proposed zoning changes expand permissions for three-storey buildings, creating opportunities for professional office use or mixed-use redevelopment. 36 Ontario Street is a straightforward, turnkey property with unmatched potential. Whether you are looking to expand your portfolio or find a luxury home that pays for itself, 36 Ontario Street delivers. Book your showing today.
Location
Province ON
County Ottawa
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
Exterior
Exterior Feature Lighting, Patio
Garage Spaces 1.0
Pool None
View City
Roof Type Flat
Lot Frontage 49.95
Lot Depth 99.78
Total Parking Spaces 4
Building
Foundation Concrete Block
Others
Senior Community Yes
Security Features Security System
ParcelsYN No
Listed by Ali Realty Group Inc.
NEARBY SCHOOL & BUSINESS
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