MLS#: X12495026Listed: 18 days agoUpdated:15 days ago
Description
Incredible Investment Opportunity! All brick bungalow with legal secondary unit in prime rental location! Amazing cashflow grossing over $6,200/M! 3 Bed 1 bath upper unit and unique 3 bed 3 bath lower unit. Upper unit features 3 spacious bedrooms, a large living room, updated kitchen and 4pc bath. The lower level apartment is uniquely designed with a common full kitchen & 3 spacious bedrooms each with a wet bar and full ensuite bath bringing in nearly $3,800/M in rental income. Bus service at your doorstep, minutes walk to Algonquin and all the amenities of College Square & Merivale Rd. Great access to the highway for easy commuting by car, bus or bike! Amazing future development potential on this 50ft x 98ft lot. New proposed zoning of MS2 (Mainstreet Zone 2) allowing for a large multi unit mixed use building. Turn key investment property- enjoy great cashflow while watching your land value soar in the years to come! (id:58075)
Details
Details for 1554 Baseline Road, Ottawa, Ontario
Property Type
Multi Family
Building Type
Duplex
Storeys
1
Neighborhood
7301 - Meadowlands/St. Claire Gardens
Land Size
50 x 98 FT
Year Built
-
Annual Property Taxes
$4,307
Parking Type
No Garage
Inside
Appliances
Washer, Dishwasher, Dryer, Microwave, Hood Fan, Two stoves, Two Refrigerators
Rooms
15
Bedrooms
6
Bathrooms
4
Fireplace
-
Fireplace Total
-
Basement
Apartment in basement, Separate entrance, N/A, N/A
Building
Architecture Style
Bungalow
Direction
Cross Streets: Pender and Baseline. ** Directions: South side of Baseline between Pender St & St Helen's Pl.