OTTAWA

OPEN HOUSES

1558-1562 BASELINE ROAD

Ottawa, Ontario K2G1J5

$2,400,000

Central air conditioning Forced air

If you're looking for a rental property that generates a substantial income-to-cost ratio, this is the property for you. This 2019 purpose built 4 unit building can generate a true CAP rate of 6% at full occupancy. Tons of space with additional storage units in the rear of the building with exterior access. This property is well finished with appealing materials that will stand up to wear & tear of daily use and offer great longevity to any investor. Vacant Side lot on the Corner at 2 Pender street has been sold from the original lot and the remaining frontage for 1558-1562 Baseline rd. is approximately 60 feet. Easy walking distance to Algonquin College & College Square shopping, restaurants, etc. 24hr notice for showings due to Tenants & Tenant occupied bedrooms accessible with conditional sale. (id:25961)

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Courtesy of RE/MAX AFFILIATES BOARDWALK
Listed on: January 12, 2022

On market: 10 days

NOTICE: All Royal LePage Team Realty offices are open to our clients. We have new procedures and policies to ensure our clients and communities are safe. Please contact us or your Royal LePage Team Realty sales representative to plan your visit.

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Not intended to solicit currently listed properties or buyers under contract. The above information is from sources believed reliable, however, no responsibility is assumed for the accuracy of this information. Royal LePage Team Realty, Independently Owned & Operated Brokerage. All rights reserved. Ottawa Real Estate


The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner.

NOTICE: All Royal LePage Team Realty offices are open to our clients. We have new procedures and policies to ensure our clients and communities are safe. Please contact us or your Royal LePage Team Realty sales representative to plan your visit.

Contact one of our branches, we're here to help!

Not intended to solicit currently listed properties or buyers under contract. The above information is from sources believed reliable, however, no responsibility is assumed for the accuracy of this information. Royal LePage Team Realty, Independently Owned & Operated Brokerage. All rights reserved.


The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner.