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$ 949,900
Est. payment /mo
Active
1714 Baseline RD Meadowlands - Crestview And Area, ON K2C 0B8
9 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision 7301 - Meadowlands/St. Claire Gardens
MLS Listing ID X12834478
Style 2-Storey
Bedrooms 9
Annual Tax Amount $7,111
Tax Year 2025
Property Sub-Type Fourplex
Property Description
Income-generating property featuring two semi-detached homes, each with basement apartments, ideally located within walking distance to Algonquin College. This prime location offers easy access to LRT station(when completed), public transit, and a wide array of nearby amenities including shopping, schools, restaurants, parks, and everyday conveniences making it highly attractive to students, professionals, and long-term tenants alike. The property generates a strong gross annual rental income of $69,772.08, with tenants paying all utilities, keeping operating costs low generating higher NOI. The building is equipped with 4 hydro meters, 2 gas meters, and water sub-metering for efficient and transparent utility management. Basement units are heated by electric baseboard, while the upper units feature forced-air natural gas heating, offering independent and reliable climate control throughout.Under the City of Ottawa's proposed Official Plan, the property is anticipated to fall under MS2 H zoning, which allows for a wide range of mixed-use and intensified development options, subject to City approvals. This zoning framework provides significant long-term redevelopment and value-add potential at this highly desirable, transit-oriented location. A rare opportunity to acquire a high-performing income property with excellent holding income today and exceptional redevelopment potential for the future.
Location
Province ON
County Ottawa
Area Ottawa
Rooms
Family Room No
Basement Full, Finished
Kitchen 4
Separate Den/Office 2
Interior
Interior Features Accessory Apartment
Cooling None
Fireplace No
Heat Source Gas
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle
Lot Frontage 63.93
Lot Depth 77.0
Total Parking Spaces 5
Building
Foundation Block
Others
ParcelsYN No
Listed by PAUL RUSHFORTH REAL ESTATE INC.
NEARBY SCHOOLS & PROPERTIES
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