36 ONTARIO STREET, Ottawa
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. (id:25961)
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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)
- 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 Depth: 99 ft ,9 in
- Size Frontage: 50 ft
- Size Irregular: 50 x 99.8 FT
This property for sale is located at 36 ONTARIO STREET in Ottawa. It was last modified on July 15th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other Ottawa homes for sale.
Listing provided by Ali Realty Group Inc.
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