4 Beds 4 Bath

2347 Baseline Road, Parkway Park - Queensway Terrace S and Area, ON K2C 0E2

Parkway Park - Queensway Terrace S and Area K2C 0E2 Ontario

MLS: X12951578

$1,149,880

Added 13 days ago | For Sale

Listed by: ROYAL LEPAGE INTEGRITY REALTY

About Property

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 20 m 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.

Features

  • House Style:Detached
  • Bathrooms:4
  • Land Size: 58 X 100
  • Water:Municipal
  • Garage Spaces: /Carport
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Baseline Road between Southwood Drive and Centrepointe Drive
  • Basement:Finished , Finished
  • Possession Date:To Be Arranged
  • Annual Property taxes: $4467
  • Bedrooms:4 +4
  • Total Parking Spaces:0
  • Parking Places:0
  • Heating Type:Radiant
  • Pool Type:None
  • Exterior:
  • Direction Facing:North
  • Front Footage:
  • Listing ID:X12951578

Level Type Features Dimensions
Main Foyer 12 ft, 8 in x 5 ft, 2 in
Living Room 12 ft, 8 in x 12 ft, 2 in
Kitchen 16 ft, 2 in x 9 ft, 6 in
Bedroom 12 ft, 11 in x 8 ft, 1 in
Bedroom 11 ft, 7 in x 9 ft, 1 in
Bedroom 13 ft x 8 ft, 1 in
Bedroom 12 ft x 10 ft, 4 in
Basement Living Room 19 ft, 2 in x 11 ft, 5 in
Kitchen 11 ft, 11 in x 8 ft, 11 in
Bedroom 11 ft, 1 in x 9 ft, 5 in
Bedroom 12 ft, 2 in x 8 ft, 5 in
Bedroom 12 ft, 7 in x 8 ft, 11 in
Bedroom 12 ft, 7 in x 8 ft, 11 in

No property rooms available.

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