1196 Rainbow St
FOR SALE
$3,099,000

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9
BEDROOMS5
BATHROOMS3
KITCHENS10
ROOMSX11951780
MLSIDContact Us
Property 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!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-08-04 | 2025-01-31 | 180 | $3,399,999 | - | Expired |
Property Features
Library, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
Property Type
Detached, 3-Storey
Approximate Sq.Ft.
5000+
Lot Size
200' x 120'
Fronting
South
Taxes
$8,577 (2024)
Basement
Apartment, Finished
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
8
Driveway
Front Yard
Garage Type
Attached
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Br | Main | 14.76' x 16.40' | |
Br | Main | 13.12' x 13.12' | |
Bathroom | Main | 9.84' x 9.84' | |
Br | Main | 13.12' x 13.12' | |
Kitchen | Main | 16.40' x 19.69' | |
Laundry | Main | 6.56' x 9.84' | |
Br | Upper | 13.12' x 13.12' | |
Br | Upper | 9.84' x 13.12' | |
Br | Upper | 9.84' x 13.12' | |
Kitchen | Upper | 13.12' x 16.40' | |
Laundry | Upper | 6.56' x 6.56' | |
Br | Lower | 9.84' x 13.12' |
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Listing contracted with Right At Home Realty

























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