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Renanza Realty
For sale

36 ONTARIO STREET

Ottawa, Ontario

MLS® X13567152

$2,079,999

Status
Active
Property type
Multi-family
MLS® number
X13567152
Bedrooms
12
Bathrooms
9
Year built

Listing 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.

Property summary

MLS® number
X13567152
Property type
Multi-family
Building type
Triplex
Land size
50 x 99.8 FT
Annual property taxes
$17,733.24
Parking
4 spaces · Attached Garage, Garage
Days on market
44 days

Features & details

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Finished, Separate entrance, N/A, N/A
Appliances
Garage door opener remote(s)
Exterior features
Stone
Lot features
Lighting
View
City view

What would this home cost you?

Based on the $2,079,999 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$9,678 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Ali Realty Group Inc., Ottawa.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.