1196 Rainbow St

Beacon Hill North - South and Area | 2104 - Canotek Industrial Park | K1J 6X9
  • 9
  • 5
  • 0

$3,099,000

Est. Mtg $10,508 /mo
  • Days on market

    77

  • Status

    New

Listing Broker RIGHT AT HOME REALTY
Since listed: 1 views

Home details

MLS #:

X11951780

Property type:
Detached
Style:
3-Storey
Taxes:
$8,577
Possession:
TBD
Lot Front:
200.0   Feet
Lot Depth:
120.0   Feet
Basement:
Apartment | Finished
Driveway Pkg:
8
Heat:
Gas | Forced Air

Description


1196 Rainbow St, , Beacon Hill North - South and Area, Ontario is a Detached property in Beacon Hill North - South and Area and in the 2104 - Canotek Industrial Park community in the K1J 6X9 postal code


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!.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2025-02 2025-03 $3,099,000 $3,099,000 New X11951780
2025-03 $3,099,000 $3,099,000 X11951901

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

Beacon Hill North - South and Area :

Properties sold
Average sale price
New Listings
Year on Year Growth

Municipality activity All Property Types

Sale activity

Beacon Hill North - South and Area :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 1196 Rainbow St

Based on available 3rd party data

$11357

Approximate costs per month

Mortgage
$10508 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$714 p/m
Maintenance
$0 p/m

Amenities:

Features:

  • Library
  • Park
  • Public Transit
  • Rec Centre
  • School
Listing Broker RIGHT AT HOME REALTY
Data Source: TRREB

Payment calculator

$11222 monthly. In association with: TD Bank
%
  • Principal and Interest
    10508 /mo
  • Property Taxes
    $714 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Raymond Chin, Realtor

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