$949,900
1714 BASELINE ROAD
Beds
9
Baths
4
Sqft
—
Year
—
Type
Multi-family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Ottawa. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Income-generating property featuring two semi-detached homes, each with basement apartments, ideally located within walking distance to Algonquin College. This prime location offers easy access to LRT station(when completed), public transit, and a wide array of nearby amenities including shopping, schools, restaurants, parks, and everyday conveniences making it highly attractive to students, professionals, and long-term tenants alike. The property generates a strong gross annual rental income of $69,772.08, with tenants paying all utilities, keeping operating costs low generating higher NOI. The building is equipped with 4 hydro meters, 2 gas meters, and water sub-metering for efficient and transparent utility management. Basement units are heated by electric baseboard, while the upper units feature forced-air natural gas heating, offering independent and reliable climate control throughout.Under the City of Ottawa's proposed Official Plan, the property is anticipated to fall under MS2 H zoning, which allows for a wide range of mixed-use and intensified development options, subject to City approvals. This zoning framework provides significant long-term redevelopment and value-add potential at this highly desirable, transit-oriented location. A rare opportunity to acquire a high-performing income property with excellent holding income today and exceptional redevelopment potential for the future. (id:65958)
- Subtype
- Multi-family
- Structure
- Fourplex
- Community
- 7301 - Meadowlands/St. Claire Gardens
- Lot dimensions
- 63.9 x 77 FT
- Bedrooms
- 7 above grade, 2 below grade
- Parking
- 5 total
- Stories
- 2
- On market
- Mar 2, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $7,111.27 (2025)
- Photos
- 4
- MLS#
- X12834478
- Area
- OTTAWA
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Cash on cash
-6.57%
Cap rate
3.55%
GRM
16.7
Break-even rent
$5,845
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.