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
  • Style
  • Price$ 2,400,000
  • Bedrooms0
  • Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
RE/MAX AFFILIATES BOARDWALK
Data Source:
Canadian Real Estate Association
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:7434)

General Features

Ammenities Public Transit, Recreation Nearby, Shopping
Building Amenities Other
Building Cooling Type Central air conditioning
Building Type Fourplex
Easement None
Features Corner Site
Foundation Type Poured Concrete
Lease Type Other, See Remarks
More Information Link https://www.realtor.ca/real-estate/23938795/1558-1562-baseline-road-ottawa-st-claire-gardensmeadowlands
Neighbourhood St. Claire Gardens/Meadowlands
Property Type Multi-family
Zoning Description Residential

Interior Features

Basement Development Finished
Basement Type Full (Finished)
Building Fireplace Present False
Building Heating Fuel Natural gas
Building Heating Type Forced air
Construction Style Attachment Attached
Flooring Type Wall-to-wall carpet, Mixed Flooring, Laminate, Tile

Exterior Features

Exterior Finish Stone, Stucco
Fence Type Fenced yard
Land Amenities Public Transit, Recreation Nearby, Shopping
Land Current Use Development residential
Parking Space Total 4
Sewer Municipal sewage system

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 15
14
Year Built
AVG 2019
2019

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