36 Ontario Street Ottawa, Ontario K1K 1L1
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$2,199,999
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 minutes to downtown Ottawa. 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. 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.Currently generating $124,000+ in gross annual rent, this turnkey property offers stable cash flow with significant upside. 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 Ottawas 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:59142)
Property Details
| MLS® Number | X12450865 |
| Property Type | Multi-family |
| Neigbourhood | Overbrook |
| Community Name | 3501 - Overbrook |
| Parking Space Total | 4 |
| 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 (finished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Stone |
| Foundation Type | Block |
| Half Bath Total | 3 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 3 |
| Size Interior | 700 - 1100 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| 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/28964146/36-ontario-street-ottawa-3501-overbrook
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October 08 2025 12:55:22
Ottawa Real Estate Board
Real Broker Ontario Ltd.