Welcome to 2347 Baseline Road, an exceptional turnkey investment opportunity ideally located just steps to Algonquin College, College Square, Pinecrest Recreation Centre, transit, shopping, and more. This all brick bungalow with a fully self contained a legal secondary dwelling unit (SDU) offers two spacious units, each featuring 4 bedrooms and 2 full bathrooms, making it highly desirable for student or multi-family rental. Thoughtfully designed with bedrooms stacked above bedrooms and living spaces above living spaces, the layout minimizes noise transfer, further enhanced by above code sound separation, no shared ductwork, and independent heating controls for each unit. The lower-level unit boasts large above grade windows, providing excellent natural light throughout. A newly built rear entrance foyer offers a dedicated and private access point to the secondary unit. Financially, this property delivers with strong and consistent rental income for many years of $83,373/yearly ( $6947 monthly) and a net operating income of approximately $57,927, making it a compelling addition to any investor's portfolio. The main level features a bright open concept living and dining area with soaring cathedral ceilings, a wood-burning fireplace set against a striking brick feature wall, hardwood flooring, and a functional kitchen. Outside, enjoy a private fenced backyard with ample space for gardening or relaxation A rare opportunity to own a high-performing, purpose-renovated income property in a prime location (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Living Area (Min):
1,100 sq. ft.102 m2
Living Area (Max):
1,500 sq. ft.139 m2
Taxes:
$4,467 /
2025
Community:
6303 - Queensway Terrace South/Ridgeview
Features:
Separate Electricity Meters, Separate Heating Controls
Exterior Features:
Brick, Vinyl siding
Community Features:
School Bus, Community Centre
Security Features:
Smoke Detectors, Controlled entry
Structure Type:
House
Appliances Included:
Dryer, Blinds, Two Washers, Water Heater, Two Refrigerators
Home Style:
Bungalow
Bedrooms:
8
Bedrooms Above Grade:
4
Bedrooms Below Grade:
4
Bathrooms:
4.0
Property Condition:
Insulation upgraded
Cooling:
Wall unit
Fireplace:
No
Foundation:
Concrete
Heating:
Heat Pump, Baseboard heaters, Radiant heat, Not known, Electric, Natural gas
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