1554 Baseline Rd, Ottawa, K2C 0B3

Home Overview

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!

4 days

On Market

Detached

Property Type

$4,307 / Year

Est. Taxes

Bungalow

Style

None

Garage

Apartment

Basement