1196 Rainbow Street For Sale

Beacon Hill North - South and Area, 2104 - Canotek Industrial Park, K1J 6X9

$3,099,000

Description

Listed by RE/MAX HALLMARK REALTY GROUP.

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!

Location

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  • Address: 1196 Rainbow Street
  • Neighborhood: 2104 - Canotek Industrial Park
  • City: Beacon Hill North - South and Area
  • State: Ontario
  • Postal Code: K1J 6X9

Property Details

  • Property ID: X11951780
  • Property Price: $3,099,000
  • Style: Detached, 3-Storey
  • Sq/Ft: 5000+
  • Rooms: 10+9
  • Bedrooms: 9+9
  • Bath: 5
  • Garages Spaces: 3
  • Garage: Attached
  • Parking Spaces: 9
  • Year Built: 51-99
  • A/C: Central Air
  • Basement: Apartment, Finished
  • Central Vac.: N
  • Den: Y
  • Exterior: Brick, Vinyl Siding
  • Heating: Forced Air
  • Fireplace: Y
  • Taxes: $8,577.00 (2024)
  • Lot: 120.00x200.00 (Feet)

Room details and dimensions

Statistics for similar Detached homes in 2104 - Canotek Industrial Park

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Detached homes in 2104 - Canotek Industrial Park

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Detached homes in 2104 - Canotek Industrial Park

Property History

This property has been sold 2 times before. To view this property's sale price history please sign in or register:


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Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100