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For sale
  • C$2,950,000

    1196 Rainbow St, Ottawa, ON K1J 6X9

    9beds
    5baths
    Triplex
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    This unique legal Triplex, currently being used by one family, sits on a large 200' x 120' corner lot in a sought-after light industrial zone "IL2 H(14)". The property offers incredible potential with approximately 1,500 sq. ft. of newly constructed covered storage areas, ideal for various commercial and residential uses. Inside, the well-maintained units feature 10 versatile rooms, each offering the possibility for conversion into separate office spaces or other functional layouts to suit your needs. The expansive yard, measuring 100' x 120', is perfect for a range of operations, including warehousing, manufacturing, light assembly, research and development, offices, and select retail ventures. Benefit from unbeatable accessibility with quick access to Highway 417 via the Montreal Road exit and local transit just steps away. Ideally situated at the corner of Canotek Road and Rainbow Street, this property is surrounded by a variety of amenities and businesses, making it an excellent location for both residential and commercial uses. This is a rare opportunity to invest in a property that combines space, flexibility, and unmatched location. Don't miss out!
    6 days
    on Zillow
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    7
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    Zillow last checked: 7 hours ago

    Listing updated: August 05, 2025 at 11:23am

    Listed by:

    RIGHT AT HOME REALTY

    Source: TRREB,MLS®#: X12325228MLS LogoOriginating MLS®#: Ottawa Real Estate Board
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 5
    Heating
    • Forced Air, Gas
    Cooling
    • Central Air
    Appliances
    • Included: Water Heater Owned
    Features
    • Primary Bedroom - Main Floor
    • Basement: Finished
    • Has fireplace: No
    Interior area
    • Living area range: 3000-3500 null

    Property

    Parking
    • Total spaces: 9
    • Parking features: Garage
    • Has garage: Yes
    Features
    • Stories: 3
    • Pool features: None
    Lot
    • Size: 0.55 Square Feet
    Details
    • Parcel number: 043910840

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Brick, Vinyl Siding
    • Foundation: Brick
    • Roof: Tar/Gravel

    Utilities & green energy

    • Sewer: Sewer

    Community & HOA

    Location
    • Region: Ottawa

    Financial & listing details

    • Annual tax amount: C$7,870
    • Date on market: 8/5/2025
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