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:25961)
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Rooms
| Level | Type | Dimensions |
|---|
Details
- Amenities Nearby: Public Transit
- Features: Lighting
- Parking Spaces: 4
- Structure: Patio(s)
- Transaction: For sale
- View: City view
- Water Body Name: Rideau River
Building
- Appliances: Garage door opener remote(s), All
- BasementType: N/A, N/A (Finished)
- Basement Development: Finished
- Basement Features: Separate entrance
- Bedrooms Main Level: 9
- Bedrooms Lower Level: 3
- Cooling: Central air conditioning
- Exterior Finish: Stone
- Fireplace Present: False
- Fire Protection: Security system
- Foundation: Block
- Bathrooms (Half): 3
- Bathrooms (Total): 9
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 5000 - 100000 sqft
- Stories Total: 3
- Type: Triplex
- Utility Water: Municipal water
Land
- Amenities: Public Transit
- Sewer: Sanitary sewer
- Size Frontage: 50 ft
- Size Irregular: 50 x 99.8 FT
Listing provided by Ali Realty Group Inc.
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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 36 ONTARIO STREET in Ottawa Ontario. It was last modified on March 1st, 2026. Contact Biju George to schedule a viewing or to discover other Ottawa real estate for sale.