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1558-1562 BASELINE ROAD
St. Claire Gardens/Meadowlands Ottawa K2G1J5

$2,400,000
Multi-family baths: 0.0 built: 2019

Main Photo: 1558-1562 BASELINE ROAD in Ottawa: Multi-family for sale : MLS®# 1274182
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Status:
Active
Prop. Type:
Multi-family
MLS® Num:
1274182
Year Built:
2019
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:2493)
Property Type:
Multi-family
Transaction Type:
For sale
Lease Type:
Other, See Remarks
Zoning:
Residential
Community:
St. Claire Gardens/Meadowlands
Amenities:
Public Transit, Recreation Nearby, Shopping
Features:
Corner Site
Building Type:
Fourplex
Building Amenities:
Other
Utilities:
Electricity - Available
Number of bathrooms:
0.0
Half Bathrooms:
0
Communication Type:
Internet Access
Age:
3 years
Construction Style Attachment:
Attached
Cooling:
Central air conditioning
Exterior Finish:
Stone, Stucco
Fireplace:
No
Floor finish:
Wall-to-wall carpet, Mixed Flooring, Laminate, Tile
Foundation:
Poured Concrete
Heating:
Forced air
Heating Fuel:
Natural gas
# Storeys:
2.0
Water:
Municipal water
Sewer:
Municipal sewage system
Basement:
Full (Finished)
Basement Development:
Finished
Land Amenities:
Public Transit, Recreation Nearby, Shopping
Easement:
None
Road Access:
Highway access
Current Use:
Development residential
Fence Type:
Fenced yard
Lot Frontage:
60'
Lot Depth:
97'
Acreage:
No
Lot Size:
60 ft X 97.43 ft
Lot Details:
60 ft X 97.43 ft
Total Parking Spaces:
4
Parking Type:
Surfaced, Tandem
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Listed by RE/MAX AFFILIATES BOARDWALK
Data was last updated January 28, 2022 at 11:15 PM (UTC)
Area Statistics
Listings on market:
36
Avg list price:
$1,449,000
Min list price:
$699,000
Max list price:
$10,950,000
Avg days on market:
56
Min days on market:
2
Max days on market:
281
These statistics are generated based on the current listing's property type and located in Ottawa. Average values are derived using median calculations.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.