36 Ontario Street Ottawa, Ontario K1K 1L1
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$2,199,999
Experience a rare blend of modern luxury and high-yield investment at 36 Ontario Street, a stunning 2016-built triplex generating over $124,000 in annual rental income. Nestled on a quiet street just steps from the Rideau River, this property offers an unparalleled lifestyle in a thriving neighbourhood, all while staying minutes from downtown Ottawa and within walking distance to every imaginable amenity. Boasting approximately 7,500 square feet of sophisticated interior space, the building is defined by its striking stone facade and premium finishes. Inside, you will find hardwood flooring, quartz countertops, custom cabinetry, nine-foot ceilings, and massive windows that bathe every floor in natural light. The exterior is designed for both security and leisure, featuring four private balconies, a garage, and an expansive rooftop patio capable of hosting 20 or more guests, all protected by a modern camera system. The floor plans are remarkably generous and versatile. Unit 1 offers three bedrooms, a main-floor office, three full bathrooms, and exclusive access to the rooftop terrace. Unit 2 is exceptionally spacious, providing five bedrooms plus a den, three and a half bathrooms, three separate entrances, and a cold storage room. Unit 3 completes the building with four bedrooms plus a den and two and a half bathrooms. The investment potential here is truly future-proof. Unit 2 is already roughed-in for a kitchen and features a separate entrance, providing a straightforward path to a legal four-plex conversion. Furthermore, the property sits within the City of Ottawa's newly approved N4B zoning transect. This powerful designation supports significant intensification, allowing for heights up to four storeys and expanded permissions for multi-unit or professional mixed-use redevelopment. With strong existing income, high-end modern finishes, and flexible growth potential, 36 Ontario Street represents a rare and prestigious opportunity in the heart of the capital. (id:59142)
Property Details
| MLS® Number | X12831866 |
| Property Type | Multi-family |
| Community Name | 3501 - Overbrook |
| Amenities Near By | Public Transit |
| Features | Lighting |
| Parking Space Total | 4 |
| Structure | Patio(s) |
| View Type | City View |
| Water Front Name | Rideau River |
Building
| Bathroom Total | 9 |
| Bedrooms Above Ground | 9 |
| Bedrooms Below Ground | 3 |
| Bedrooms Total | 12 |
| Appliances | Garage Door Opener Remote(s), All |
| Basement Development | Finished |
| Basement Features | Separate Entrance |
| Basement Type | N/a, N/a (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Stone |
| Fire Protection | Security System |
| Foundation Type | Block |
| Half Bath Total | 3 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 5000 - 100000 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Land Amenities | Public Transit |
| Sewer | Sanitary Sewer |
| Size Depth | 99 Ft ,9 In |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 99.8 Ft |
| Size Total Text | 50 X 99.8 Ft |
https://www.realtor.ca/real-estate/29412552/36-ontario-street-ottawa-3501-overbrook
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March 02 2026 12:23:49
Ottawa Real Estate Board
Real Broker Ontario Ltd.