1196 Rainbow Street Image 1

$3,099,000

Feb 2Detached For Sale
bedrooms9bed
washrooms3bath
MLS - #X11951780

1196 Rainbow Street, Beacon Hill North - South and Area, ON K1J 6X9

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Similar Homes Found
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Average Price
309900000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Detached

Lot size

N/A

Style

3-Storey

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Bedroom5 x 4.5 mN/AMain
Bedroom4 x 4 mN/AMain
Bathroom3 x 3 mN/AMain
Bedroom4 x 4 mN/AMain

About 1196 Rainbow Street

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!

Home Overview

Last updated

6 days ago

Virtual tour

None

Basement information

Apartment, Finished

Building size

--

Status

In-Active

Property sub type

Detached

Maintenance fee

$N/A

Year built

--

Listed by RIGHT AT HOME REALTY

Additional Details

Basement:Apartment, Finished
Cooling:Central Air
Heating:Forced Air
Parking Features:Covered, Front Yard Parking

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$11836.08/ month
$2,479,200 Principal and Interest
$2,975,040 Property Taxes

Location

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Walk Score for 1196 Rainbow Street

Some information about this property - Rainbow Street

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