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$1,085,000
Status:
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.
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :X13177416 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :26 May, 2026 (163 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Ottawa |
|---|---|
| Postal Code | : K2C 0E2 |
| Price | : $1,085,000 |
|---|---|
| Property Taxes | :$4467.0 |
| Tax Year | :2025 |
|---|
| Bedrooms | :4 + 4 |
|---|---|
| No. of Rooms | :6 |
| Air Conditioning | :Wall Unit(s) |
| Heating | :Radiant |
| Cross Street | :Baseline Road between Southwood Drive and Centrepointe Drive |
| Bathrooms | :4 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :1100-1500 sqft |
| Fireplace/Stove | :No |
| Foyer | :3.87 m x 1.58 m |
|---|---|
| Kitchen | :4.93 m x 2.89 m |
| Bedroom | :3.53 m x 2.77 m |
| Bedroom | :3.65 m x 3.16 m |
| Kitchen | :3.62 m x 2.71 m |
| Bedroom | :3.71 m x 2.56 m |
| Living Room | :3.87 m x 3.71 m |
|---|---|
| Bedroom | :3.93 m x 2.46 m |
| Bedroom | :3.96 m x 2.46 m |
| Living Room | :5.85 m x 3.47 m |
| Bedroom | :3.38 m x 2.86 m |
| Bedroom | :3.84 m x 2.71 m |
| Exterior Finish | :Brick, Vinyl Siding |
|---|---|
| Parking Space | :4 |
| Basement | :Finished |
| Garage | :Carport |
|---|---|
| Laundry Level | :Main Level |
26 May, 2026
TREB #X13177416
Listed
$1085000.0
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