$1,085,000
2347 Baseline Road, Parkway Park - Queensway Terrace S and Area, ON K2C 0E2
Parkway Park - Queensway Terrace S and Area · 6303 - Queensway Terrace South/Ridgeview · K2C 0E2
Key Facts
Tax
$4,467 (2025)
Type
Detached
Parking
Carport, 4 spaces
Basement
Finished
Brokerage
ROYAL LEPAGE INTEGRITY REALTY
Description
WOW! 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 20m 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.
Property
Inside
Utilities
Building
Parking
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Highlights
Financial Details
Listing Information
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