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Key Facts
Key facts for 1196 Rainbow Street
Property Type
House, 3-Storey
Parking
Attached 3 garage, 8 parking
MLS #
X11951780
Size
5000+ sqft
Basement
Apartment,Finished
Listed on
2025-02-01
Lot size
200 x 120.0
Tax
$8,577 /yr
Days on Market
83
Approximate Age
51-99
Maintenance Fee
-
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 commercia...l 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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