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Amy Verma

amy@amyverma.ca +1(613) 297-9031

$1,149,880

Est. payment - /mo

8 Beds

4 Baths

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision 6303 - Queensway Terrace South/Ridgeview

MLS Listing ID X12951578

Style Bungalow

Bedrooms 8

Annual Tax Amount $4,467

Tax Year 2025

Property Sub-Type Detached

Property Description

Exceptional income producing asset with huge future development potential! Prime 58x100 ft lot in the fast growing Baseline Corridor. Fully tenanted 2-unit dwelling (4-bed 2-full bath each unit) producing $83,373/yearly ($6947 monthly). An excellent cash flowing asset with a $57,927 Net Income. High-demand rental area. You can decide whether you want to keep it operating as a duplex or redevelop in the future. The New Zoning for the property is MS2, allowing high density development up to 20 m height. Ideally located just steps to Algonquin College, College Square, Pinecrest Recreation Centre, transit, shopping, and more. (The New Zoning in force is anticipated Sept 2026). Buy this property today and benefit from the up zoning in the nearest future. Buyers to verify zoning/permitted uses.

Location

Province ON

County Ottawa

Area Ottawa

Rooms

Family Room Yes

Basement Finished

Kitchen 2

Separate Den/Office 4

Interior

Interior Features Water Heater Owned, Upgraded Insulation, Separate Hydro Meter, Primary Bedroom - Main Floor, Separate Heating Controls, Accessory Apartment, Carpet Free

Cooling Wall Unit(s)

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Landscaped, Controlled Entry

Parking Features Available, Covered, Front Yard Parking

Pool None

Roof Type Asphalt Shingle

Lot Frontage 58.0

Lot Depth 100.0

Total Parking Spaces 4

Building

Unit Features Fenced Yard,Public Transit,Rec./Commun.Centre,School,School Bus Route

Foundation Concrete

Others

Security Features Carbon Monoxide Detectors,Smoke Detector

ParcelsYN No

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Listed by ROYAL LEPAGE INTEGRITY REALTY

NEARBY SCHOOL & BUSINESS

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Amy Verma

+1(613) 297-9031

Agent

2347 Baseline RD Parkway Park - Queensway Terrace S And Area, ON K2C 0E2

Amy Verma

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION