1714 Baseline Road

Income-generating property featuring two semi-detached homes, each with basement apartments, ideally located within walking distance to
Algonquin College. This prime location offers easy access to LRT station(when completed), public transit, and a wide array of nearby amenities
including shopping, schools, restaurants, parks, and everyday conveniences making it highly attractive to students, professionals, and long-term
tenants alike. The property generates a strong gross annual rental income of $70,972.08, with tenants paying all utilities, keeping operating
costs low generating higher NOI. The building is equipped with 4 hydro meters, 2 gas meters, and water sub-metering for efficient and
transparent utility management. Basement units are heated by electric baseboard, while the upper units feature forced-air natural gas heating,
offering independent and reliable climate control throughout.Under the City of Ottawa's proposed Official Plan, the property is anticipated to fall
under MS2 H zoning, which allows for a wide range of mixed-use and intensified development options, subject to City approvals. This zoning
framework provides significant long-term redevelopment and value-add potential at this highly desirable, transit-oriented location. A rare
opportunity to acquire a high-performing income property with excellent holding income today and exceptional redevelopment potential for the
future.