2347 BASELINE ROAD, Ottawa

$1,085,000

For sale: Detached

Detached at 2347 BASELINE ROAD, Ottawa
Property type
Detached
Bedrooms / bathrooms
8 bedrooms, 4 bathrooms
Living area
1,500 sqft
MLS®
MLS® X13177416
Neighbourhood
6303 - Queensway Terrace South/Ridgeview

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.

Sold data

Homes in Queensway Terrace South Ridgeview — recent sold market

Homes in Queensway Terrace South Ridgeview took a median of 16 days to sell over the last 730 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 28, across 44 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 24 days.

The median sale price was $654,900.

Homes sold for about 2.0% below asking on average, so there was room to negotiate.

About 16% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
17
Median sale price
$654,900
Sale-to-list ratio
98.0%
Sold above asking
16%

Based on 44 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Ottawa

Ottawa has 217 Fraser Institute–rated schools (174 elementary and 43 secondary), averaging 6.2/10.

Rated schools
217
Elementary
174
Secondary
43
Average rating
6.2 / 10

Top-rated schools in Ottawa

  • Hopewell Avenue — elementaryFraser rating 8.5/10
  • Agincourt Road — elementaryFraser rating 8.4/10
  • First Avenue — elementaryFraser rating 8.4/10
  • Nepean — secondaryFraser rating 8.3/10
  • Elmdale — elementaryFraser rating 8.2/10
  • Jean-Robert Gauthier — elementaryFraser rating 8.2/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 2347 BASELINE ROAD