A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 1196 Rainbow St, Beacon Hill North - South and Area Ontario K1J 6X9
4 days on Market

1196 Rainbow St, Beacon Hill North - South and Area, Ontario K1J 6X9

Detached
9 + 9
5
~5000+ sqft
$3,099,000
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Detached
9 + 9
5
~5000+ sqft

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Highlights

Estimated ValueNot available

Price/Sqft$310/sqft

Est. Mortgage$13,309/mo

Tax Amount (2024)$8,577/yr

Days On Market4 days


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!


Property Details

Style3-Storey
View-
Age of property51-99
SqFt~5000+ SqFt
Lot Size24,000 SqFt(120 x 200)
Parking Spaces9
MLS ®NumberX11951780
Community NameRothwell Heights - Beacon Hill North
Data SourceTRREB
Listing byRE/MAX HALLMARK REALTY GROUP

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Apartment, Finished

Upper Floor

Kitchen

5.00 x 4.00

Br

4.00 x 4.00

Br

4.00 x 3.00

Br

4.00 x 3.00


Features

Lot size: 24,000 SqFt

Parking

Garage spaces 3

Garage type Attached

Other parking spaces 6

Total parking spaces 9


Property History

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Listed
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4 days on market
history photo preview25
Listing by trreb®
Property listed by RE/MAX HALLMARK REALTY GROUP, Brokerage

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Population and Demographics

Overview

Total population 9111
Average household income $159,644

Age (%)

65 and plus
25%
0 to 19
23%
50 to 64
21%
35 to 49
18%
20 to 34
14%

Household composition (%)

Single family
73%
Single person
23%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
59%
French
22%
Others
5%
Arabic
4%
English and French
3%
Spanish
2%
Mandarin
2%

House tenancy (%)

Owners
82%
Renters
18%

Schools and amenities

Estimated Budget