OTTAWA

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1558-1562 BASELINE ROAD
Ottawa, Ontario K2C0B3

$2,947,500

Central air conditioning Forced air

FANTASTIC INVESTMENT OPPORTUNITY! This 4-unit co-living property located within walking distance of Algonquin College features four spacious and modern residential units. Two 4-bedroom apartments and two 6-bedroom suites. Each unit boasts its own laundry facilities, which adds to the comfort of residents; and has an individual meter. Ideally located in a thriving and in-demand area, it benefits from constant occupancy and strong rental demand. This high-income fourplex building is appraised at $3.5 million. This means there is over $500,000 in instant equity. Perfect for investors looking to expand their portfolio, its proven income generation makes it an attractive purchase. Contact us today for more information. (id:25961)

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Courtesy of RIGHT AT HOME REALTY

Listed on: March 01, 2024

On market: 61 days
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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


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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.