1558-1562 Baseline Road, Ottawa, Ontario K2G1J5

Listing courtesy of RE/MAX AFFILIATES BOARDWALK.

$2,400,000
List Price
$2,400,000
MLS®
1274182
Days on Market
11
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Subdivision
St. Claire Gardens/Meadowlands

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:2579)

Additional Information

Heating Fuel
Natural gas
Subdivision
St. Claire Gardens/Meadowlands
Parking Spaces
4
Fencing
Fenced yard
Levels
2
Cooling
Central air conditioning
Country
Canada
Flooring
Wall-to-wall carpet, Mixed Flooring, Laminate, Tile
Sewer
Municipal sewage system
Frontage Length
60 ft
Heating
Forced air
Total Number Of Units
4
Stories
2

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks