$2,875,000
FOR SALE

Fourplex

Lot: 59.67 x 97.75 ft

1558-1562 Baseline Road
Ottawa, ON K2C 0B3 | St.Claire Gardens

FANTASTIC INVESTMENT OPPORTUNITY! This 4-unit co-living property located within walking distance of Algonquin College features four spacious and modern residential units. Two 4-bedroom apartments and two 6-bedroom suites. Each unit boasts its own laundry facilities, which adds to the comfort of residents; and has an individual meter. Ideally located in a thriving and in-demand area, it benefits from constant occupancy and strong rental demand. This high-income fourplex building is appraised at $3.5 million. This means there is over $500,000 in instant equity. Perfect for investors looking to expand their portfolio, its proven income generation makes it an attractive purchase. Contact us today for more information. (id:47421)
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Listed By RIGHT AT HOME REALTY
Data Provided By Ottawa Real Estate Board
MLS® Listing Number 1379517
Last Updated May 17, 2024
Property Summary
Property Type Fourplex

More like this:
Neighbourhood St.Claire Gardens
Price History

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Detailed Information
Lot 59.67 x 97.75 ft
Lease Type Gross
Listing Contract Date 2024-03-01
Municipal ID 046870222
# of Parking Spaces 4
Property Type Multi-family
Transaction Type For sale
Zoning Description R2F
Building
Amenities Furnished
Basement Development Finished
Basement Type Full (Finished)
Constructed Date 2019
Construction Style (Attachment) Attached
Cooling Type Central air conditioning
Exterior Finish Stone, Siding, Stucco
Flooring Type Wall-to-wall carpet, Mixed Flooring, Vinyl, Ceramic
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 2
Type Fourplex
Utility Water Municipal water
Parking Spaces
Name Spaces
Surfaced
Land
Total Size 59.65 ft X 97.72 ft (Irregular Lot)
Sewer Municipal sewage system
Size of Irregular Land 59.65 ft X 97.72 ft (Irregular Lot)

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