2347 Baseline Road, Ottawa, Ontario K2C0E2
Listing courtesy of ROYAL LEPAGE INTEGRITY REALTY.
- $1,085,000
- 8
- BD
- 4
- BA
- List Price
- $1,085,000
- MLS®
- X13177416
- Days on Market
- 108
- Status
- ACTIVE
- Type
- Single Family Residential
- Subtype
- Single Family
- Bedrooms
- 8
- Bathrooms
- 4
- Lot Size Dimensions
- 58 x 100 FT
- Subdivision
- 6303 - Queensway Terrace South/Ridgeview
Property Description
WOW! Exceptional income producing asset with huge future development potential! Prime 58x100 ft lot in the fast growing Baseline Corridor. Fully tenanted 2-unit dwelling (4-bed 2-full bath each unit) producing $83,373/yearly ($6947 monthly). An excellent cash flowing asset with a $57,927 Net Income. High demand rental area. You can decide whether you want to keep it operating as a duplex or redevelop in the future. The New Zoning for the property is MS2, allowing high density development up to 20m height. Ideally located just steps to Algonquin College, College Square, Pinecrest Recreation Centre, transit, shopping, and more. (The New Zoning in force is anticipated Sept 2026). Buy this property today and benefit from the up zoning in the nearest future. Buyers to verify zoning/permitted uses. (id:5764)
Additional Information
- Ownership
- Freehold
- Subdivision
- 6303 - Queensway Terrace South/Ridgeview
- Parking Spaces
- 4
- Cooling
- Wall unit
- Country
- Canada
- Sewer
- Sanitary sewer
- Community Features
- School Bus, Community Centre
- Heating
- Radiant heat, Natural gas
- Lot Features
- Carpet Free
- Architectural Style
- Bungalow
- Stories
- 1
