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Front of 1196 Rainbow Street

1196 Rainbow Street

Ottawa (Canotek Industrial Park)
Terminated
1/25
Ontario Real Estate › Ottawa › Beacon Hill North - South
Front of 1196 Rainbow Street

1196 Rainbow Street

Ottawa (Canotek Industrial Park)
Terminated
See all 25 photos
DetachedMLS X11951780
Last asked:Terminated Aug 5, 2025
$3,099,000
9 Bedrooms
5 Bathrooms
1 Garage
1.5K~2K Sq.Ft.
200 x 120 ft Lot
$8,577 Tax/yr

Property history

$3,399,999first asked
$2,950,000last asked
▼ 13%since August
AugJanJunOct
ExpiredOct 31, 2025
$2,950,000MLS® X12325228
Listed for saleAug 5, 2025
$2,950,000MLS® X12325228
TerminatedAug 5, 2025
$3,099,000MLS® X11951780
Listed for saleFeb 1, 2025
$3,099,000MLS® X11951780
ExpiredJan 31, 2025
$3,399,999MLS® X9516579
Listed for saleAug 4, 2024
$3,399,999MLS® X9516579
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

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About this home

1196 Rainbow Street, Ottawa

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!

Ventilation SystemWater MeterParkPublic TransitSchoolRec./Commun.Centre

Facts & features

TypeDetached
Style3-storey
Built51-99
Size1.5K~2K Sq.Ft.
Lot200 x 120 ft
Tax$8,577 (2024)
HeatingForced air, gas
CoolingCentral air
BasementApartment, finished
Parking8 drive
WaterMunicipal
FireplaceYes

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Rooms

12 rooms · 5 bathrooms
Main floor6 rooms
  • Bedroom16′5″ × 14′9″242 sq.ft.
  • Bedroom13′1″ × 13′1″172 sq.ft.
  • Bathroom9′10″ × 9′10″97 sq.ft.
  • Bedroom13′1″ × 13′1″172 sq.ft.
  • Kitchen19′8″ × 16′5″323 sq.ft.
  • Laundry9′10″ × 6′7″65 sq.ft.
Upper floor5 rooms
  • Bedroom13′1″ × 13′1″172 sq.ft.
  • Bedroom13′1″ × 9′10″129 sq.ft.
  • Bedroom13′1″ × 9′10″129 sq.ft.
  • Kitchen16′5″ × 13′1″215 sq.ft.
  • Laundry6′7″ × 6′7″43 sq.ft.
Lower level1 room
  • Bedroom13′1″ × 9′10″129 sq.ft.
Bathrooms5
3-pc3-pc3-pc3-pc3-pc
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Around this home

Montreal Road to Shefford Road to Canotek to Rainbow

Listing details

MLS® numberX11951780
Listed onFeb 1, 2025
Days on market185
UpdatedAug 5, 2025
Listing brokerageRIGHT AT HOME REALTY
PossessionTo Be Determined

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© 2026 HOMEH Inc., Brokerage · RECO Registration #6000380 · 505 Highway 7 East, Units 308 & 309, Thornhill, ON L3T 7T1 · Listing data courtesy of the MLS® System of the listing brokerage, deemed reliable but not guaranteed.

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