Income-generating property featuring two semi-detached homes, each with basement apartments, ideally located within walking distance to Algonquin College. This prime location offers easy access to LRT station(when completed), public transit, and a wide array of nearby amenities including shopping, schools, restaurants, parks, and everyday conveniences making it highly attractive to students, professionals, and long-term tenants alike. The property generates a strong gross annual rental income of $69,772.08, with tenants paying all utilities, keeping operating costs low generating higher NOI. The building is equipped with 4 hydro meters, 2 gas meters, and water sub-metering for efficient and transparent utility management. Basement units are heated by electric baseboard, while the upper units feature forced-air natural gas heating, offering independent and reliable climate control throughout.Under the City of Ottawa's proposed Official Plan, the property is anticipated to fall under MS2 H zoning, which allows for a wide range of mixed-use and intensified development options, subject to City approvals. This zoning framework provides significant long-term redevelopment and value-add potential at this highly desirable, transit-oriented location. A rare opportunity to acquire a high-performing income property with excellent holding income today and exceptional redevelopment potential for the future. (id:25961)
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Rooms
| Level | Type | Dimensions |
|---|
Details
- Equipment: Water Heater
- Parking Spaces: 5
- Rental Equipment: Water Heater
- Transaction: For sale
Building
- Appliances: Dishwasher, Dryer, Stove, Washer, Refrigerator
- BasementType: Full (Finished)
- Basement Development: Finished
- Bedrooms Main Level: 7
- Bedrooms Lower Level: 2
- Cooling: None
- Exterior Finish: Brick
- Fireplace Present: False
- Foundation: Block
- Bathrooms (Total): 4
- Heating: Forced air
- Heating Fuel: Natural gas
- Size Interior: 2500 - 3000 sqft
- Stories Total: 2
- Type: Fourplex
- Utility Water: Municipal water
Land
- Sewer: Sanitary sewer
- Size Frontage: 63 ft ,10 in
- Size Irregular: 63.9 x 77 FT
Listing provided by PAUL RUSHFORTH REAL ESTATE INC.
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 1714 BASELINE ROAD in Ottawa Ontario. It was last modified on March 2nd, 2026. Contact Biju George to schedule a viewing or to discover other Ottawa real estate for sale.