Step into unparalleled luxury with this immaculate, 11,000 sq. ft. architectural masterpiece, perfectly positioned to capitalize on Ottawa's highly coveted CM1 Minor Corridor zoning, offering unlimited possibilities with the new designation. Far from a blank canvas, this exceptional 2016 Bellagio-built property is a beautifully constructed, turn-key luxury asset offering incredible versatility. The powerful new zoning accommodates an array of lucrative uses, allowing you to seamlessly utilize this pristine building for elite multi-residential dwellings, professional offices, medical facilities, or boutique retail. Whether envisioning a sprawling commercial enterprise, a high-end rental portfolio, or elite multi-generational living, this flawless property is ready to serve your exact vision.Offered significantly below today's replacement cost, the property radiates pride of ownership. The primary residence is owner-occupied; a tenant has never been inside this unit, ensuring it remains in pristine condition. Spanning an expansive 11,000 sq. ft., the massive residences feature three to four bedrooms, 2.5 baths, soaring nine-foot ceilings, and open-concept layouts. Premium craftsmanship shines through engineered hardwood, Italian porcelain, chef-inspired kitchens with quartz waterfall islands, floor-to-ceiling windows, and eight-foot solid-core doors. Independence is guaranteed with separate electrical panels, furnaces, HRVs, tankless water heaters, and in-suite laundry for every unit.Designed for elite entertaining, the property boasts an elevator-ready floating staircase, a heated double garage, a common theatre room, and a fire-rated basement prepared for a potential fourth or fifth unit. The crown jewel is the massive rooftop patio-prepped for an outdoor kitchen, hot tub, and shower-offering stunning skyline views. Located steps from the Rideau Sports Centre, Ottawa University, and the Sandy Hill footbridge, this pristine building is unparalleled luxury. (id:2493)More details
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:2493)More details
Outstanding Multi-Family Investment with Income & Future Potential. Located in Ottawas east end, this well-maintained 6-unit apartment building offers both stable rental income and exciting long-term growth opportunities. Sitting on a generously sized 0.24-acre lot (~80 ft frontage x ~132 ft depth), the property combines strong cash flow with excellent redevelopment potential. Currently fully occupied, the building generates over $10,031 in monthly rental income (~$120,372 annual), making it an attractive turnkey investment from day one. The unit mix is highly rentable and diverse: three 2-bedroom units, two 1-bedroom units, and one bachelor apartment. Recent improvements include a new 50-year roof installed in 2018 and modern renovations in several units, reducing future maintenance concerns and enhancing tenant appeal. The property is zoned R1WW[637], unlocking possibilities for future development while maintaining immediate income stability. The location is a major asset- just minutes from Highway 417, Blair and Cyrville LRT stations, shopping centres, restaurants, and everyday conveniences. Tenants benefit from excellent connectivity, while investors gain peace of mind knowing the property is situated in a desirable and growing area. Whether you are looking to expand your multi-family portfolio, secure a reliable cash-flowing property, or position yourself for redevelopment in the future, this building checks all the boxes. A rare opportunity to invest in a strong-performing asset with both present income and future upside. (id:2493)More details
Data was last updated June 14, 2026 at 08:15 AM (UTC)
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.