For Sale - 1714 Baseline Road, Meadowlands - Crestview and Area, Ontario

Est payment $4,561/mo
Views   1
Time on Jump  31 day
  • Two semi-detached homes with basement apartments for steady income.
  • Located close to Algonquin College and future LRT station.
  • Strong annual rental income with low operating costs due to tenant-paid utilities.
  • Efficient utility management with multiple meters for transparency.
  • Zoned for mixed-use development offering long-term redevelopment potential.



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.
Listing IDX12834478
Address1714 Baseline Road
CityMeadowlands - Crestview and Area, Ontari…
Price$949,900
Bed / Bath9 / 4 Full
Style2-Storey, Fourplex
ConstructionBrick
TypeMulti-Family
StatusFor Sale
Subtype FourplexIndoor Features Accessory ApartmentOwnership FreeholdBasement Full, FinishedFoundation BlockHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 5.00
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Listing Agency:  PAUL RUSHFORTH REAL ESTATE INC.

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1714 Baseline Road
Meadowlands - Crestview and Area , Ontario
9 4 $949,900
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