2347 Baseline Road, Ottawa, Ontario

$1,085,000

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8

Beds

4

Baths

About 2347 Baseline Road

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:36535)

Features of 2347 Baseline Road

Listing # X13177416
Price $1,085,000
Bedrooms 8
Bathrooms 4.00
Acres 0.00
Type Single Family
Sub-Type Freehold
Style Bungalow

Community Information

Address 2347 Baseline Road
Subdivision 6303 - Queensway Terrace South/Ridgeview
City Ottawa
Province Ontario
Postal Code K2C0E2

Amenities

Amenities Public Transit, Schools, Separate Electricity Meters, Separate Heating Controls
Features Carpet Free
Parking Spaces 4
Parking Carport, Covered, No Garage
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Appliances Water Heater, Blinds, Dishwasher, Dryer, Microwave, Range, Two stoves, Two Washers, Two Refrigerators
Heating Natural gas Radiant heat
Cooling Wall unit
Fireplace No
# of Stories 1
Has Basement Yes
Basement Type N/A (Finished)
Basement Development Finished

Exterior

Exterior Brick, Vinyl siding
Exterior Features Landscaped
Lot Description 58 x 100 FT
Foundation Concrete

Listing Details

OfficeCourtesy Of ROYAL LEPAGE INTEGRITY REALTY

Listing Map