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$2,400,000

1558-1562 Baseline Road Ottawa, Ontario K2G 1J5

1558-1562 Baseline Road, Ottawa, Ontario  K2G 1J5 - Photo 1 - 1274182
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1558-1562 Baseline Road Ottawa, Ontario K2G 1J5

Central Air Conditioning Forced Air

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:42482)

Enquire about 1558-1562 Baseline Road, Ottawa, Ontario K2G 1J5

    Property Details

    Property Details for 1558-1562 Baseline Road, Ottawa, Ontario K2G 1J5

    MLS® Number 1274182
    Property Type Multi-family
    Neighbourhood St. Claire Gardens/Meadowlands
    Amenities Nearby Public Transit, Recreation Nearby, Shopping
    Communication Type Internet Access
    Easement None
    Features Corner Site
    Parking Space Total 4

    Building

    Building details for 1558-1562 BASELINE ROAD, Ottawa, Ontario K2G 1J5
    Amenities Other
    Basement Development Finished
    Basement Type Full (finished)
    Constructed Date 2019
    Construction Style Attachment Attached
    Cooling Type Central Air Conditioning
    Exterior Finish Stone, Stucco
    Flooring Type Wall-to-wall Carpet, Mixed Flooring, Laminate, Tile
    Foundation Type Poured Concrete
    Heating Fuel Natural Gas
    Heating Type Forced Air
    Stories Total 2
    Type Fourplex
    Utility Water Municipal Water

    Parking

    Surfaced
    Tandem

    Land

    Access Type Highway Access
    Acreage No
    Current Use Development Residential
    Fence Type Fenced Yard
    Land Amenities Public Transit, Recreation Nearby, Shopping
    Sewer Municipal Sewage System
    Size Depth 97 Ft ,5 In
    Size Frontage 60 Ft
    Size Irregular 60 Ft X 97.43 Ft
    Size Total Text 60 Ft X 97.43 Ft
    Zoning Description Residential

    Utilities

    Electricity Available

    RE/MAX AFFILIATES BOARDWALK
    430 Hazeldean Road, Unit 6
    Ottawa, Ontario K2L 1T9

    (613) 699-1500
    (613) 482-9111
    www.boardwalkottawa.com

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