89 days on market
$3,099,000
For Sale

1196 Rainbow St

Canotek Industrial Park, Ottawa

9+null Bed|5 Bath|Yes|89 days on market

$3,099,000

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Home Details

Taxes
$715 / month
Total Parking Spots
9
Driveway
Covered, Front Yard
Garage Spaces
3
Furnished
No
Lot Size
200 x 120 Feet
Move-in Date
TBD
Building Age
51-99 Years
Hydro Included
No
Heating
Forced Air
Water Included
No
Kitchens
2
Family Room
Yes
Basement
Apartment, Finished
Fireplace
Y
Air Conditioning
Central Air
Central Vaccum
No
Exterior
Brick, Vinyl Siding
Zoning
IL2H(14)
Sewer
Sewers
Property Type
Detached
Style
3-Storey
Status
New
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Listing Description

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!
3 Stoves, 3 Fridges, 3 Freezers, 3 Stoves, 3 Dishwashers, 3 Hood Fans

Property History

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Rooms

Room dimensions for 1196 Rainbow St, Ottawa
Br
16 x 15240 sqft
Br
13 x 13169 sqft
Bathroom
10 x 10100 sqft
Br
13 x 13169 sqft
Kitchen
20 x 16320 sqft
Laundry
10 x 770 sqft
Br
13 x 13169 sqft
Br
13 x 10130 sqft
Br
13 x 10130 sqft
Kitchen
16 x 13208 sqft
Laundry
7 x 749 sqft
Br
13 x 10130 sqft

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 1196 Rainbow St is 15992

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Total Mortgage


Purchase Price$3099000
Down Payment$619800
Mortgage Insurance$0
Total Mortgage$2479200

Monthly Payment


Mortgage Payment$15277
Property Taxes$715
Maintenance Fees$0
Monthly Payment$15992
$15992
monthly

About 1196 Rainbow St, Ottawa

Located at 1196 Rainbow St , this Ottawa house is available for sale. This property was listed for $3,099,000 on Tue Apr 15 2025. This house's size is 5000 + Sqft. It has 9 bedrooms and 5 bathrooms. The property includes the following rooms: Br, Br, Bathroom, Br, Kitchen, Laundry, Br, Br, Br, Kitchen, Laundry, Br. This property comes with 9 parking spots. 1196 Rainbow St, Ottawa is situated in the Canotek Industrial Park neighbourhood.


MLS#: X11951780 · $3,099,000 · 9 bedroom house in Canotek Industrial Park, Ottawa