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1558-1562 BASELINE ROAD
Ottawa, Ontario K2C0B3

$2,947,500

ID# 1379517

ABOUT THIS PROPERTY


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)

PROPERTY DETAILS


Year Built 2019
Cooling Type Central air conditioning
Flooring Type Wall-to-wall carpet, Mixed Flooring, Vinyl, Ceramic
Heating Type Forced air
Heating Fuel Natural gas
Stories Total 2

Property Type


Multi-family
Courtesy of RIGHT AT HOME REALTY

Listed on: March 01, 2024

On market: 57 days

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