1558-1562 Baseline Road Ottawa, Ontario K2G 1J5
$2,400,000
If you're looking for a rental property that generates a substantial income-to-cost ratio, this is the property for you. This 2019 purpose built 4 unit building can generate a true CAP rate of 6% at full occupancy. Tons of space with additional storage units in the rear of the building with exterior access. This property is well finished with appealing materials that will stand up to wear & tear of daily use and offer great longevity to any investor. Vacant Side lot on the Corner at 2 Pender street has been sold from the original lot and the remaining frontage for 1558-1562 Baseline rd. is approximately 60 feet. Easy walking distance to Algonquin College & College Square shopping, restaurants, etc. 24hr notice for showings due to Tenants & Tenant occupied bedrooms accessible with conditional sale. (id:15865)
Property Details
| MLS® Number | 1274182 |
| Property Type | Multi-family |
| Neigbourhood | St. Claire Gardens/Meadowlands |
| Amenities Near By | Public Transit, Recreation Nearby, Shopping |
| Communication Type | Internet Access |
| Easement | None |
| Features | Corner Site |
| Parking Space Total | 4 |
Building
| Amenities | Other |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 2019 |
| Construction Style Attachment | Attached |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Stone, Stucco |
| Flooring Type | Wall-to-wall Carpet, Mixed Flooring, Laminate, Tile |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| Surfaced | |
| Tandem |
Land
| Access Type | Highway Access |
| Acreage | No |
| Current Use | Development Residential |
| Fence Type | Fenced Yard |
| Land Amenities | Public Transit, Recreation Nearby, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 97 Ft ,5 In |
| Size Frontage | 60 Ft |
| Size Irregular | 60 Ft X 97.43 Ft |
| Size Total Text | 60 Ft X 97.43 Ft |
| Zoning Description | Residential |
Utilities
| Electricity | Available |
Interested?
Contact us for more information
Marc Papineau
Salesperson
www.boardwalkottawa.com
https://www.facebook.com/boardwalkottawa/
https://www.linkedin.com/in/marcpapineau/
430 Hazeldean Road, Unit 6
Ottawa, Ontario K2L 1T9
(613) 699-1500
(613) 482-9111
www.boardwalkottawa.com
Jason Spartalis
Salesperson
www.BoardwalkOttawa.com
jason.spartalis
430 Hazeldean Road, Unit 6
Ottawa, Ontario K2L 1T9
(613) 699-1500
(613) 482-9111
www.boardwalkottawa.com
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
January 13 2022 02:10:29
Ottawa Real Estate Board
RE/MAX Affiliates Boardwalk