$2,199,999

Investment For Sale In Overbrook - McArthur, Ottawa, Ontario

$2,199,999

Property Information:

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:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Development: Finished
  • Basement Type: N/A, N/A
  • Exterior Finish: Stone
  • Fire Protection: Security system
  • Floor Space: 5000 - 100000 sqft
  • Foundation Type: Block
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Garage door opener remote, All

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 9+3
  • Bathrooms: 9
  • Half Bathrooms: 3
  • Amenities Nearby: Public Transit
  • Features: Lighting
  • Floor Space (approx): 5000 - 100000 Square Feet
  • Irregular: Yes
  • Lot Depth: 99.8 Feet
  • Lot Frontage: 50.0 Feet
  • Lot Size: 50 x 99.8 FT
  • Structure Type: Patio(s)
  • View Type: City view
  • Sewer: Sanitary sewer
  • Parking Type: Attached garage, Garage
  • No. of Parking Spaces: 4

Courtesy of: REAL BROKER ONTARIO LTD.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.