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    For Sale - 2347 Baseline Road, Parkway Park - Queensway Terrace S and Area, Ontario

    Est payment $5,210/mo
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    Views   3
    Time on Jump  68 day

    AI Summary *

    • Prime lot in a rapidly growing area with future development potential.
    • Fully tenanted duplex generating substantial annual income of $83,373.
    • High demand rental market with excellent cash flow and net income.
    • New zoning allows for high density development, increasing property value.
    • Conveniently located near schools, shopping, transit, and recreational facilities.




    Wow! Exceptional income producing asset with huge future development potential! Prime 58x100 ft lot in the fast growing baseline corridor. Fully tenanted 2-unit dwelling (4-bed 2-full bath each unit) producing $83,373/yearly ($6947 monthly). An excellent cash flowing asset with a $57,927 net income. High demand rental area. You can decide whether you want to keep it operating as a duplex or redevelop in the future. The new zoning for the property is ms2, allowing high density development up to 20m height. Ideally located just steps to algonquin college, college square, pinecrest recreation centre, transit, shopping, and more. (the new zoning in force is anticipated sept 2026). Buy this property today and benefit from the up zoning in the nearest future. Buyers to verify zoning/permitted uses.
    Listing IDX13177416
    Address2347 Baseline Road
    CityParkway Park - Queensway Terrace S and A…
    Price$1,085,000
    Bed / Bath8 / 4 Full
    StyleBungalow, Detached
    ConstructionBrick, Vinyl Siding
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Water Heater Owned, Upgraded Insulation, Separate Hydro Meter, Primary Bedroom - Main Floor, Separate Heating Controls, Accessory Apartment, Carpet FreeOutdoor Features Landscaped, Controlled EntryAmenities Fenced Yard, Public Transit, Rec./Commun.Centre, School, School Bus RouteOwnership FreeholdBasement FinishedFoundation ConcreteHeating / Cooling RadiantHeating Fuel GasSewer Sewer

    Parking 4.00
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    Listing Agency:  ROYAL LEPAGE INTEGRITY REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    2347 Baseline Road
    Parkway Park - Queensway Terrace S and Area , Ontario
    8 4 $1,085,000
    Get more info