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1558-1562 Baseline Road Ottawa, Ontario K2G 1J5

Central Air Conditioning Forced Air

$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:35531)

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
Fireplace Present No
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

https://www.realtor.ca/real-estate/23938795/1558-1562-baseline-road-ottawa-st-claire-gardensmeadowlands

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