$ 2.947.500

1558 1562 Baseline Road, Ottawa

21 Photos

Living room/Dining room - 1558 1562 Baseline Road, Ottawa, ON K2C0B3 Photo 2

Kitchen - 1558 1562 Baseline Road, Ottawa, ON K2C0B3 Photo 3

Living room/Dining room - 1558 1562 Baseline Road, Ottawa, ON K2C0B3 Photo 4

Laundry room - 1558 1562 Baseline Road, Ottawa, ON K2C0B3 Photo 5

Laundry room - 1558 1562 Baseline Road, Ottawa, ON K2C0B3 Photo 6

Bedroom - 1558 1562 Baseline Road, Ottawa, ON K2C0B3 Photo 7

Bedrooms: 20
Bathrooms: 10
MLS®: 1379641

Type: Residential
Added: 54 days ago

Property Details

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:1945)

Best Mortgage Rates

Property Information

Sewer: Municipal sewage system
Cooling: Central air conditioning
Heating: Forced air, Natural gas
List AOR: Ottawa
Stories: 2
Tax Year: 2023
Basement: Finished, Full
Flooring: Ceramic, Vinyl, Wall-to-wall carpet, Mixed Flooring
Year Built: 2019
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Photos Count: 21
Water Source: Municipal water
Parcel Number: 046870222
Parking Total: 4
Bedrooms Total: 20
Structure Type: House
Common Interest: Freehold
Parking Features: Surfaced
Tax Annual Amount: 13648
Bathrooms Partial: 2
Building Features: Furnished
Exterior Features: Stone, Stucco, Siding
Foundation Details: Poured Concrete
Lot Size Dimensions: 59.65 ft X 97.72 ft (Irregular Lot)
Zoning Description: R2F

Room Dimensions

Type	Level	Dimensions
Kitchen	Main level	1'1" x 1'1"
Living room/Dining room	Main level
Kitchen	Basement	1'1" x 1'1"
Living room/Dining room	Basement
Laundry room	Main level
Laundry room	Basement
Bedroom	Main level	1'1" x 1'1"
Bedroom	Basement	1'1" x 1'1"

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Nearby Places

Name	Type	Address	Distance
Shoppers City West	It was later demolished...		0.4 km
Bel-Air Park	All of the homes were built between 1955 and 1958...		0.6 km
Algonquin College	School	1385 Woodroffe Ave	0.7 km
Baseline station	Several residential and business areas such as Cen...		0.8 km
CKDJ-FM	CKDJ's studios and transmitter are located on camp...		0.8 km
Algonquin College	The college has three campuses; a primary campus l...		0.8 km
St. Michael and All Angels Anglican Church	The priests are the Venerable Mary Ellen Berry and...		0.9 km
Iris station	Only two suburban feeder routes (routes 150 and 15...		0.9 km
Legacy Skatepark	It is located south of Baseline Road and Woodroffe...		1.0 km
Sir Guy Carleton Secondary School	School	Ottawa	1.0 km
Sir Guy Carleton Secondary School	It also offers a General Learning Program, A Physi...		1.0 km
J. H. Putman Public School	Putman Public School is a middle school located in...		1.1 km

Similar Houses Stat in Ottawa

We have found 6 Houses that closely match the specifications of the property located at 1558 1562 Baseline Road with distances ranging from 2 to 9 kilometers away. The prices for these similar properties vary between 1,799,900 and 3,890,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the K2C0B3 postal code area of Ottawa Ontario Canada.

1558 1562 Baseline Road mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 1558 1562 Baseline Road. The current price of the property is $2,947,500, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $2,358,000. This would result in a monthly mortgage payment of $13,783 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	15
Bachelor's degree	115
University / Above bachelor level	10
University / Below bachelor level	10
College	170
University degree at bachelor level or above	140

Neighbourhood Marital Status Stat

Married	210
Widowed	95
Divorced	65
Separated	10
Never married	445
Living common law	120
Married or living common law	335
Not married and not living common law	610

Neighbourhood Construction Date

1961 to 1980	245
1981 to 1990	60
1991 to 2000	45
2001 to 2005	10
1960 or before	90

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