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 Type:
Residential Freehold
Property Sub Type:
Detached
Home Style:
Bungalow
Total Approx Floor Area:
1100-1500
Lot Depth:
100'30.5 m
Lot Frontage:
58'17.7 m
Direction Faces:
North
Bedrooms:
4+4
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
2
Kitchens in Basement:
1
Bedrooms Above Grade:
4
Bedrooms Below Grade:
4
Kitchens Above Grade:
1
Rooms Above Grade:
6
Rooms Below Grade:
6
Heating type:
Radiant
Heating Fuel:
Gas
Foundation:
Concrete
Roof:
Asphalt Shingle
Basement:
Finished
Fireplace/Stove:
No
Garage:
Carport
Garage Spaces:
0.0
Parking Features:
Available, Covered, Front Yard Parking
Parking Spaces:
0
Total Parking Spaces:
4.0
Family Room:
Yes
Possession Details:
To Be Arranged
Pool:
None
Link:
No
HST Applicable To Sale Price:
Included In
Taxes:
$4,467 /
2025
Assessment:
$- /
-
Ottawa
Parkway Park - Queensway Terrace S and Area
6303 - Queensway Terrace South/Ridgeview
Fenced Yard, Public Transit, Rec./Commun.Centre, School, School Bus Route
Water Heater Owned, Upgraded Insulation, Separate Hydro Meter, Primary Bedroom - Main Floor, Separate Heating Controls, Accessory Apartment, Carpet Free
Landscaped, Controlled Entry
Carbon Monoxide Detectors, Smoke Detector
None
8 double beds, 8 desks, 8 office chairs, 2 sets of 4 bars stools (8 total), 3 futons, 1 Poang chair, 2 coffee tables, 3 Billy bookcases, window blinds, Boiler (owned), two dryers, two washers, two refrigerators, two stoves, two over the range microwaves, two dishwashers.
Data was last updated September 20, 2026 at 04:15 AM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$674,900
Min list price:
$504,500
Max list price:
$1,085,000
Avg days on market:
6
Min days on market:
1
Max days on market:
117
These statistics are generated based on the current listing's property type
and located in
Parkway Park - Queensway Terrace. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.