Property Description

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:52350)

Property Features