2347 BASELINE ROAD, Ottawa, Ontario K2C 0E2
$1,085,000.00
- 8 bedrooms
- 4 bathrooms
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 ... read more
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:25417)
- Listing ID: X13177416
- Property Type: Single Family
| Property | |
|---|---|
| Style: | Bungalow |
| Ownership: | Freehold |
| Lot Size: | 58 by 100 FT Fenced Yard and Landscaped |
| Parking: | Carport 4 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| Appliances: | Blinds, Dishwasher, Dryer, Microwave, Range, Two Refrigerators, Two Washers, Two Stoves and Water Heater |
| HVAC: | Fireplace, Radiant Heat and Wall Unit Natural Gas |
| Exterior: | Brick and Vinyl Siding |
| Basement: | N/A (Finished) |
| Utilities: | Sanitary Sewer |
| Location | |
|---|---|
| City: | Ottawa |
| Province: | Ontario |
| Nearby Amenities: | Public Transit and Schools |
| Community Features: | Community Centre and School Bus |
| Rooms | Level | Dimensions |
|---|---|---|
| Bedroom | Basement | 3.71 m x 2.56 m |
| Bedroom | Basement | 3.84 m x 2.71 m |
| Bedroom | Basement | 3.84 m x 2.71 m |
| Living room | Basement | 5.85 m x 3.47 m |
| Kitchen | Basement | 3.62 m x 2.71 m |
| Bedroom | Basement | 3.38 m x 2.86 m |
| Foyer | Main level | 3.87 m x 1.58 m |
| Living room | Main level | 3.87 m x 3.71 m |
| Kitchen | Main level | 4.93 m x 2.89 m |
| Bedroom | Main level | 3.93 m x 2.46 m |
| Bedroom | Main level | 3.53 m x 2.77 m |
| Bedroom | Main level | 3.96 m x 2.46 m |
| Bedroom | Main level | 3.65 m x 3.16 m |
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