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

Est payment $5,210/mo
Views   3
Time on Jump  146 day
  • 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 Brokerage: ROYAL LEPAGE INTEGRITY REALTY

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