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36 Ontario Street, Ottawa, ON

· Overbrook
9+3
Bedrooms
9
Bathrooms
5000 +
Sq Ft
4
Attached Parking

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Original listing description

These archived MLS remarks describe the property when it was marketed; availability details are no longer current.

  • Unit 1 features 3 bedrooms, a main-floor office, 3 full bathrooms, and exclusive rooftop access
  • 5 bathrooms, cold storage, and three separate entrances
  • The building features approximately 7,500 square feet of interior space with upscale finishes throughout
  • Located just steps from the Rideau River, parks, and public transit, this property sits minutes from downtown 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.

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Listed by Ali Realty Group Inc. · MLS# X13567152

About Vanier

Urban Revitalizing · Avg $500K

Vanier is a compact urban neighbourhood located just east of the Rideau River from downtown Ottawa, undergoing a significant revitalization that has caught the attention of savvy buyers, investors, and first-time homeowners looking for affordable central living with strong appreciation potential. Once a separate francophone municipality before amalgamation, Vanier retains a distinctive French-Canadian cultural identity while embracing the multicultural diversity that has become one of its defining characteristics.

Avg Home Price$500K
Walk Score80
To ByWard Market10 min
Drive to Downtown8 min
View Full Vanier Guide

Features & Details

Property details of 36 Ontario Street, Ottawa, ON

Property TypeTriplex
Style3-Storey
Size5000 + sq ft
BasementSeparate Entrance, Finished
Total Parking4
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Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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