WOW! 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 20m 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. (id:42482)
| MLS® Number | X13177416 |
| Property Type | Single Family |
| Neighbourhood | College |
| Community Name | 6303 - Queensway Terrace South/Ridgeview |
| AmenitiesNearby | Public Transit, Schools |
| CommunityFeatures | Community Centre, School Bus |
| Features | Carpet Free |
| ParkingSpaceTotal | 4 |
| BathroomTotal | 4 |
| BedroomsAboveGround | 4 |
| BedroomsBelowGround | 4 |
| BedroomsTotal | 8 |
| Amenities | Separate Electricity Meters, Separate Heating Controls |
| Appliances | Water Heater, Blinds, Dishwasher, Dryer, Microwave, Range, Two Stoves, Two Washers, Two Refrigerators |
| ArchitecturalStyle | Bungalow |
| BasementDevelopment | Finished |
| BasementType | N/a (finished) |
| ConstructionStatus | Insulation Upgraded |
| ConstructionStyleAttachment | Detached |
| CoolingType | Wall Unit |
| ExteriorFinish | Brick, Vinyl Siding |
| FireProtection | Controlled Entry, Smoke Detectors |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Radiant Heat |
| StoriesTotal | 1 |
| SizeInterior | 1,100 - 1,500 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
| Carport | |
| No Garage | |
| Covered |
| Acreage | No |
| FenceType | Fenced Yard |
| LandAmenities | Public Transit, Schools |
| LandscapeFeatures | Landscaped |
| Sewer | Sanitary Sewer |
| SizeDepth | 100 Ft |
| SizeFrontage | 58 Ft |
| SizeIrregular | 58 X 100 Ft |
| SizeTotalText | 58 X 100 Ft |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Bedroom | 3.71 m | 2.56 m | 3.71 m x 2.56 m |
| Basement | Bedroom | 3.84 m | 2.71 m | 3.84 m x 2.71 m |
| Basement | Bedroom | 3.84 m | 2.71 m | 3.84 m x 2.71 m |
| Basement | Living Room | 5.85 m | 3.47 m | 5.85 m x 3.47 m |
| Basement | Kitchen | 3.62 m | 2.71 m | 3.62 m x 2.71 m |
| Basement | Bedroom | 3.38 m | 2.86 m | 3.38 m x 2.86 m |
| Main Level | Foyer | 3.87 m | 1.58 m | 3.87 m x 1.58 m |
| Main Level | Living Room | 3.87 m | 3.71 m | 3.87 m x 3.71 m |
| Main Level | Kitchen | 4.93 m | 2.89 m | 4.93 m x 2.89 m |
| Main Level | Bedroom | 3.93 m | 2.46 m | 3.93 m x 2.46 m |
| Main Level | Bedroom | 3.53 m | 2.77 m | 3.53 m x 2.77 m |
| Main Level | Bedroom | 3.96 m | 2.46 m | 3.96 m x 2.46 m |
| Main Level | Bedroom | 3.65 m | 3.16 m | 3.65 m x 3.16 m |
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