2347 BASELINE ROAD
Ottawa, Ontario
MLS® X13177416
$1,085,000
- Status
- Active
- Property type
- House
- MLS® number
- X13177416
- Bedrooms
- 8
- Bathrooms
- 4
- Year built
- —
1 / 40Listing 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.
Property summary
- MLS® number
- X13177416
- Property type
- Single Family
- Building type
- House
- Title
- Freehold
- Land size
- 58 x 100 FT
- Annual property taxes
- $4,467.00
- Parking
- 4 spaces · Carport, Covered, No Garage
- Days on market
- 128 days
Features & details
- Heating
- Radiant heat, Natural gas
- Cooling
- Wall unit
- Basement
- Finished, N/A
- Appliances
- Dishwasher, Range, Dryer, Microwave, Blinds, Two stoves, Two Washers, Water Heater, Two Refrigerators
- Exterior features
- Brick, Vinyl siding
- Lot features
- Carpet Free
- Community features
- School Bus, Community Centre
- Architectural style
- Bungalow
What would this home cost you?
Based on the $1,085,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE INTEGRITY REALTY, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.