1714 Baseline Road
Property facts
- Property type
- Tenant
- Bedrooms
- 9
- Bathrooms
- 4
- Taxes (as supplied)
- 2025
Only details supplied with this listing are shown. Ask the listing contact to confirm measurements, taxes and costs.
About this home
Income-generating property featuring two semi-detached homes, each with basement apartments, ideally located within walking distance to Algonquin College. This prime location offers easy access to LRT station(when completed), public transit, and a wide array of nearby amenities including shopping, schools, restaurants, parks, and everyday conveniences making it highly attractive to students, professionals, and long-term tenants alike. The property generates a strong gross annual rental income of $69,772.08, with tenants paying all utilities, keeping operating costs low generating higher NOI. The building is equipped with 4 hydro meters, 2 gas meters, and water sub-metering for efficient and transparent utility management. Basement units are heated by electric baseboard, while the upper units feature forced-air natural gas heating, offering independent and reliable climate control throughout.Under the City of Ottawa's proposed Official Plan, the property is anticipated to fall under MS2 H zoning, which allows for a wide range of mixed-use and intensified development options, subject to City approvals. This zoning framework provides significant long-term redevelopment and value-add potential at this highly desirable, transit-oriented location. A rare opportunity to acquire a high-performing income property with excellent holding income today and exceptional redevelopment potential for the future.
Location
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Listing information
- Original source
- meadowlands-crestview-and-area.listing.ca
- Added to Mirror
Added and updated dates describe the Mirror record. Source publication and verification dates are shown separately when known; none establishes time on market. Confirm current price and availability with the listing contact.
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