For Sale: 36 Ontario Street, Ottawa, ON - REW
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$2,199,999
12 bd 9 ba 5000 - 99999 sf Multifamily

36 Ontario StreetOttawa, ON, K1K 1L1

Overbrook - McArthur
  • 12 Bed
  • 9 Bath
  • 5000 - 99999 Sqft
  • Multifamily

About this home

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:63626)
Listed by: Akash Sharma, Salesperson, Ali Realty Group Inc.

Home facts and features

Price details
List Price
Gross Taxes for 2026
$16,500
Home facts
Bedrooms
12
Full Bathrooms
6
Partial Bathrooms
3
Parking Spaces
4
Parking Details
Garage, Attached Garage
Property Type
Multifamily
Depth
99.8 feet
Frontage
50.0 feet
Exterior Finish
Stone
Heating Type
Forced air, Natural gas
Cooling
Central air conditioning
Basement Details
Finished, Separate entrance, ,
Features
Lighting, Security system
Appliances
All, Garage door opener remote(s)
Community
Agent details
Primary Agent
Akash Sharma
Primary Broker
Ali Realty Group Inc.
Listing details
Days on REW
98 Days
Property Views
67
MLS® Number
X12831866
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

ÉEP Le Trillium
  • Public
  • JK - 6
É Élém C Horizon-Jeunesse
  • Catholic
  • JK - 6
Répit-Transit
  • Public
  • JK - 12
Assumption Catholic Elementary School
  • Catholic
  • JK - 6
ÉEP Francojeunesse
  • Public
  • JK - 6
Viscount Alexander Public School
  • Public
  • JK - 6
É Élém C Sainte-Anne
  • Catholic
  • JK - 8
Robert E. Wilson Public School
  • Public
  • JK - 6
St Michael School
  • Catholic
  • K - 6
ÉEP Trille des Bois
  • Public
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-07.