1196 RAINBOW STREET, Ottawa, Ontario

$3,099,000

9 Beds
5 Baths

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:56241)

Listing ID: X11951780
Property Type: Single Family

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Rooms

Level	Type	Dimensions
Bedroom	Lower level	4 m x 3 m
Bedroom	Main level	5 m x 4.5 m
Bedroom	Main level	4 m x 4 m
Bathroom	Main level	3 m x 3 m
Bedroom	Main level	4 m x 4 m
Kitchen	Main level	6 m x 5 m
Laundry room	Main level	3 m x 2 m
Laundry room	Upper Level	2 m x 2 m
Bedroom	Upper Level	4 m x 4 m
Bedroom	Upper Level	4 m x 3 m
Bedroom	Upper Level	4 m x 3 m
Kitchen	Upper Level	5 m x 4 m

Details

Amenities Nearby: Park, Public Transit, Schools
Community Features: Community Centre
Features: Irregular lot size, Lighting
Ownership: Freehold
Parking Spaces: 9
Structure: Patio(s)
Transaction: For sale
Zoning Description: IL2H(14)

Building

Appliances: Water meter, Dishwasher, Freezer, Hood Fan, Stove, Refrigerator
BasementType: N/A (Finished)
Basement Development: Finished
Basement Features: Apartment in basement
Bedrooms Main Level: 9
Construction Style Attachment: Detached
Cooling: Central air conditioning, Ventilation system
Exterior Finish: Brick, Vinyl siding
Fireplace Present: True
Foundation: Brick
Bathrooms (Total): 5
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 5000 - 100000 sqft
Stories Total: 3
Type: House
Utility Water: Municipal water

Land

Amenities: Park, Public Transit, Schools
Sewer: Sanitary sewer
Size Frontage: 200 ft
Size Irregular: 200 x 120 FT

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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1196 RAINBOW STREET in Ottawa Ontario. It was last modified on February 2nd, 2025. Contact us to schedule a viewing or to discover other Ottawa real estate for sale.

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