$2,950,000
18.14 BTC
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1196 Rainbow Street, Beacon Hill North - South And Area
$2,950,000
PRICE
9
BEDROOMS
5
BATHROOMS
X12325228
MLSID

1196 Rainbow Street, Beacon Hill North - South And Area

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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Summary

Address
1196 Rainbow Street
MLSID
X12325228
Property Type
Triplex
Property Category
Bedrooms
9
Bathrooms
5
Kitchens
3
Zoning
IL2 H(14)
Taxes (Annual)
$7,870.00
Tax Year
2024
Published
August 5, 2025
Days on Market
11 Days
Possession Type
Flexible
Possession Details
Tbd
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Inclusions

3 Stoves, 3 Fridges, 3 Freezers, 3 Dishwashers, 3 Hood Fans

Exclusions

n/a

Details

Parking Spaces
6
Parking Total
9
Architectural Style
3-Storey
Roof
Tar And Gravel
Construction Materials
Brick, Vinyl Siding
Lot Size
1
Lot Width
199 Feet
Lot Depth
120 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Owner
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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