2347 BASELINE ROAD, Ottawa, Ontario, K2C 0E2

$1,085,000

MLS® # X13177416

House For Sale In Iris, Ottawa, Ontario

$1,085,000

  • 8

    Bedrooms

  • 4

    Baths

  • 58 x 100 FT

    Lot Size

Property Information:

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:7525)

Building Features:

  • Style: Detached
  • Building Type: House
  • Air Conditioning: Yes
  • Amenities: Separate Hydro Meters, Separate Heating Controls
  • Architectural Style: Bungalow
  • Basement Development: Finished
  • Basement Type: N/A
  • Construction Status: Insulation upgraded
  • Construction Style - Attachment: Detached
  • Exterior Finish: Brick, Vinyl siding
  • Fire Protection: Controlled entry, Smoke Detectors
  • Floor Space: 1100 - 1500 sqft
  • Foundation Type: Concrete
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: Wall unit
  • Appliances: Blinds, Dishwasher, Dryer, Microwave, Range, Two stoves

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 4+4
  • Bathrooms: 4
  • Amenities Nearby: Public Transit, Schools
  • Community Features: Community Centre, School Bus
  • Features: Carpet Free
  • Fence Type: Fenced yard
  • Floor Space (approx): 1100 - 1500 Square Feet
  • Irregular: Yes
  • Landscape Features: Landscaped
  • Lot Depth: 100 Feet
  • Lot Frontage: 58 Feet
  • Lot Size: 58 x 100 FT
  • Sewer: Sanitary sewer
  • Parking Type: Carport, No Garage, Covered
  • No. of Parking Spaces: 4

Rooms:

  • Bedroom Basement Level 3.71 m x 2.56 m
  • Bedroom Basement Level 3.84 m x 2.71 m
  • Bedroom Basement Level 3.84 m x 2.71 m
  • Living Basement Level 5.85 m x 3.47 m
  • Kitchen Basement Level 3.62 m x 2.71 m
  • Bedroom Basement Level 3.38 m x 2.86 m
  • Foyer Main Level 3.87 m x 1.58 m
  • Living 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

Courtesy of: Royal LePage Integrity Realty

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