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Investment signal

$1,149,880

2347 BASELINE ROAD

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Beds

Baths

Sqft

—

Year

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Type

Single Family

Suite

Investment signal

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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

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. (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: House
Community: 6303 - Queensway Terrace South/Ridgeview
Condition: Insulation upgraded
Common interest: Freehold
Lot dimensions: 58 x 100 FT
Bedrooms: 4 above grade, 4 below grade
Parking: 4 total
Stories: 1
On market: Apr 2, 2026
Status changed: Apr 24, 2026
Annual tax: $4,467 (2025)
Photos: 40
MLS#: X12951578
Area: OTTAWA

Features and systems

Parking

CarportCoveredNo Garage

Basement

FinishedN/A

Appliances

DishwasherRangeDryerMicrowaveBlindsTwo stovesTwo WashersWater HeaterTwo Refrigerators

Heating

Radiant heatNatural gas

Cooling

Wall unit

Exterior

BrickVinyl siding

Foundation

Concrete

Lot

Carpet Free

Community

School BusCommunity Centre

Security

Smoke DetectorsControlled entry

Negative cash flow ~$1,243/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.49%

Cap rate

3.57%

GRM

16.7

Break-even rent

$7,058

Financing

Down payment$229,976

Loan amount$919,904

Mortgage$4,661/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$527

Insurance$80

Maintenance$958

CapEx reserve$479

Vacancy loss$288

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

Estimated $4,661/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

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.