Over $1,000,000 Triplex For Sale

Ottawa, Ontario

Welcome to one of Ottawa’s most impressive architectural masterpieces. Built in 2016 by Bellagio, this ~7,800 sq. ft. custom luxury triplex was designed by the builder-owner with no expense spared. Combining sophisticated modern living with exceptional investment upside, this property is offered significantly below today’s replacement cost of ~$3.5M+. Each expansive residence spans 2,400 to 2,750 sq. ft. and features 3 to 4 bedrooms, 2.5 baths, soaring 9-foot ceilings, and open-concept layouts. Premium craftsmanship is evident throughout, including engineered hardwood, quartz waterfall islands, Italian porcelain, custom cabinetry, floor-to-ceiling windows, and 8-foot solid-core doors. Independence is guaranteed as every unit is equipped with its own electrical panel, furnace, HRV, tankless water heater, and in-suite laundry.The building is designed for elite entertaining, featuring a grand floating staircase that is elevator-ready, a heated double garage, and a common theatre room. The massive rooftop patio is a true urban oasis, prepped for a full outdoor kitchen, hot tub, and shower, all while offering stunning panoramic views of the downtown skyline. Strategically located steps from the Rideau Sports Centre, Sandy Hill footbridge, and Ottawa U, the property is primed for long-term growth with R4UC-C zoning and an upcoming shift to CM2 zoning in 2025 for potential commercial use. The fire-rated basement is already roughed-in for a 4th/5th unit, making this a rare opportunity for multi-generational living, high-end rentals, or a future condo conversion. The upcoming CM1 zoning (2025) transforms this property into a high-density, mixed-use asset. This new designation permits building heights typically up to four storeys and introduces a wide range of commercial uses, including professional offices, medical clinics, daycares, and retail.Experience the ultimate in Ottawa luxury with endless potential. Book your private showing today. (id:50982)

Ottawa, Ontario

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:50982)