Address
1558-1562 BASELINE ROAD Ottawa, ON
Price
$ 2,400,000
Property Attributes
  • ID#1274182
  • TypeMulti-Family
  • CityOttawa
  • NeighbourhoodSt. Claire Gardens-Meadowlands
  • Postal CodeK2G 1J5
  • StyleAttached
  • Price$ 2,400,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Marc Papineau with Re/Max Affiliates Boardwalk
Data Source:
RLP - CREA EN
Property Description

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:27)

General Features

Parking Spaces 4

Exterior Features

Lot Frontage 60.0
Lot Size 60 ft X 97.43 ft
Jumpid 16833319
Mls 1274182

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in K2G 1J5

Price
AVG $2.4M
$2.4M
Visits
AVG 4
3
Year Built
AVG 2019
2019
Walkscore
AVG 68
66
Data Provided by Walkscore ® not using MLS data

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