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1166 RAINBOW Street, Ottawa, ON, K1J 6X7

MLS® # 1415543
Commercial For Sale In Rothwell Heights - Beacon Hill North, Ottawa, Ontario
$6,300,000
1166 Rainbow Street, Ottawa, ON
1166 Rainbow Street, Ottawa, ON
1166 Rainbow Street, Ottawa, ON
1166 Rainbow Street, Ottawa, ON
1166 Rainbow Street, Ottawa, ON
1166 Rainbow Street, Ottawa, ON
1166 Rainbow Street, Ottawa, ON
1166 Rainbow Street, Ottawa, ON
1166 Rainbow Street, Ottawa, ON
1166 Rainbow Street, Ottawa, ON
1166 Rainbow Street, Ottawa, ON
1166 Rainbow Street, Ottawa, ON
1166 Rainbow Street, Ottawa, ON
1166 Rainbow Street, Ottawa, ON
1166 Rainbow Street, Ottawa, ON
1166 Rainbow Street, Ottawa, ON
1166 Rainbow Street, Ottawa, ON
1166 Rainbow Street, Ottawa, ON
1166 Rainbow Street, Ottawa, ON
1166 Rainbow Street, Ottawa, ON
1166 Rainbow Street, Ottawa, ON
1166 Rainbow Street, Ottawa, ON
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ACTIVE
1166 RAINBOW Street, Ottawa, ON, K1J 6X7
$6,300,000

Property Information:

A great opportunity! Approximately 2.39 Acre of land and a building located beside new LRT Train Station, 15 minute from parliament hill, Minutes to 174 East and west bound ramps. A short walk to Montreal rd LRT station. . This is good for an owner/occupier or investor to acquire industrial building suited for either single or multi tenant occupancy, in well-established and highly accessible Canotek Business Park. The existing rental profile is short term, providing flexibility for occupiers to expand while providing short term revenue and can be terminated. Current building consists of Warehouse/factory area 4168 sq ft, and 1000 sqft office. Light Industrial ( IL2 H(14)) zoning permits a variety of uses. there is Room to expand building or rebuild entire area. Machinery in the building is not included in the sale. The clear height in the warehouse area(s) is estimated at 18 feet clear to the underside of the structural joists. 72 hrs notice required for showings.

Property Features:

  • Annual Tax Amount: $68,410
  • Irregular: Yes
  • Lot Frontage: 36.58 Metre
  • Title: Freehold
  • Zoning: IL2 H(14)

Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 1166 RAINBOW Street, Ottawa, ON, K1J 6X7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

48/100

Moderate

ClimateCheck®

Current data

This property, 1166 RAINBOW Street , experiences 7 hot days per year at around 31.1 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.6 degrees Celsius.

Projected Avg. Temperature

Past
31.1℃
2050
34.6℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

65/100

Moderate-High

ClimateCheck®

Current data

This property, 1166 RAINBOW Street , experiences 11 significant 2-day storms per year, with about 323.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 415.3mm of precipitation per year.

Precipitation Per Storm

Past
323.7mm
2050
415.3mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 1166 RAINBOW Street, Ottawa, ON, K1J 6X7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$129,687.78

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.8 %

High school certificate or equivalent

29.28 %

Apprenticeship trade certificate/diploma

3.42 %

College/non-university certificate

17.33 %

University certificate (below bachelor)

3.99 %

University Degree

36.17 %

Commuter

Travel To Work

By Car

69.49 %

By Public Transit

16.22 %

By Walking

4.48 %

By Bicycle

0.25 %

By Other Methods

9.56 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

2.32 %

Houses

97.68 %

Own Vs. Rent