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.
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Zillow last checked:
Listing updated:
Listed by:
ROYAL LEPAGE INTEGRITY REALTY
Source: TRREB,MLS®#: X13177416Originating MLS®#: Ottawa Real Estate Board
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Bedroom
Level: Main
Dimensions: 3.93 x 2.46
Bedroom
Level: Main
Dimensions: 3.96 x 2.46
Bedroom
Level: Basement
Dimensions: 3.71 x 2.56
Bedroom
Level: Basement
Dimensions: 3.84 x 2.71
Bedroom
Level: Main
Dimensions: 3.65 x 3.16
Bedroom
Level: Basement
Dimensions: 3.38 x 2.86
Bedroom
Level: Main
Dimensions: 3.53 x 2.77
Bedroom
Level: Basement
Dimensions: 3.84 x 2.71
Foyer
Level: Main
Dimensions: 3.87 x 1.58
Kitchen
Level: Main
Dimensions: 4.93 x 2.89
Kitchen
Level: Basement
Dimensions: 3.62 x 2.71
Living room
Level: Basement
Dimensions: 5.85 x 3.47
Living room
Level: Main
Dimensions: 3.87 x 3.71
Heating
Radiant, Gas
Cooling
Wall Unit(s)
Appliances
Included: Water Heater Owned
Features
Upgraded Insulation, Separate Hydro Meter, Primary Bedroom - Main Floor, Separate Heating Controls
Flooring: Accessory Apartment, Carpet Free
Basement: Finished
Has fireplace: No
Interior area
Living area range: 1100-1500 null
Property
Parking
Total spaces: 4
Parking features: Available, Covered, Front Yard Parking
Has carport: Yes
Features
Exterior features: Landscaped, Controlled Entry
Pool features: None
Lot
Size: 5,800 Square Feet
Features: Fenced Yard, Public Transit, Rec./Commun.Centre, School, School Bus Route
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