2347 Baseline Road, Parkway Park - Queensway Terrace S and Area, ON

$1,085,000

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4

Beds

4

Baths

1,100

Square feet

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.

Features of 2347 Baseline Road

MLS® # X13177416
Price $1,085,000
Bedrooms 4
Bathrooms 4.00
Square Footage 1100-1500
Type Residential Freehold
Sub-Type Detached
Style Bungalow
Status Active

Community Information

Address 2347 Baseline Road
Area Ottawa
Subdivision 6303 - Queensway Terrace South/Ridgeview
City Parkway Park - Queensway Terrace S and Area
Province ON
Postal Code K2C 0E2

Amenities

Garages Carport
Is Waterfront No
Pool None

Interior

Heating Radiant
Cooling Wall Unit(s)
Fireplace No
Basement Finished
Kitchens 1

Exterior

Exterior Brick, Vinyl Siding

Listing Details

OfficeROYAL LEPAGE INTEGRITY REALTY

Listing Map

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