8 Bedrooms

4 Bathrooms

1,100 - 1,500 sqft Interior

4 Parking spaces

58 X 100 Ft Lot size

92 days ago Listed

Bungalow Wall Unit Radiant Heat Landscaped Finished basement

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About this home

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:28469)

Facts & features

Property

MLS® Number: X13177416
Property Type: Single Family
Neighbourhood: College
Community Name: 6303 - Queensway Terrace South/Ridgeview
Ownership: Freehold
Amenities Near By: Public Transit, Schools
Community Features: Community Centre, School Bus
Features: Carpet Free
Parking Space Total: 4

Building

Bathroom Total: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 4
Bedrooms Total: 8
Amenities: Separate Electricity Meters, Separate Heating Controls
Appliances: Water Heater, Blinds, Dishwasher, Dryer, Microwave, Range, Two Stoves, Two Washers, Two Refrigerators
Architectural Style: Bungalow
Basement Development: Finished
Basement Type: N/a (finished)
Construction Status: Insulation Upgraded
Construction Style Attachment: Detached
Cooling Type: Wall Unit
Exterior Finish: Brick, Vinyl Siding
Fire Protection: Controlled Entry, Smoke Detectors
Foundation Type: Concrete
Heating Fuel: Natural Gas
Heating Type: Radiant Heat
Stories Total: 1
Size Interior: 1,100 - 1,500 Sqft
Type: House
Utility Water: Municipal Water

Parking

Carport: —
No Garage: —
Covered: —

Land

Acreage: No
Fence Type: Fenced Yard
Land Amenities: Public Transit, Schools
Landscape Features: Landscaped
Sewer: Sanitary Sewer
Size Depth: 100 Ft
Size Frontage: 58 Ft
Size Irregular: 58 X 100 Ft
Size Total Text: 58 X 100 Ft

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $4,804/mo
Ontario land transfer tax: $18,175 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Queensway Terrace South/Ridgeview market

5 Active listings

$699,900 Median asking price

55% above median This home

35 days Avg. time on market

Browse all Queensway Terrace South/Ridgeview listings →

Rooms

Basement

Bedroom 3.71 m x 2.56 m
Bedroom 3.84 m x 2.71 m
Bedroom 3.84 m x 2.71 m
Living Room 5.85 m x 3.47 m
Kitchen 3.62 m x 2.71 m
Bedroom 3.38 m x 2.86 m

Main Level

Foyer 3.87 m x 1.58 m
Living Room 3.87 m x 3.71 m
Kitchen 4.93 m x 2.89 m
Bedroom 3.93 m x 2.46 m
Bedroom 3.53 m x 2.77 m
Bedroom 3.96 m x 2.46 m
Bedroom 3.65 m x 3.16 m

Location

2347 Baseline Road, Ottawa, Ontario K2C 0E2 · Get directions

2347 Baseline Road