$1,085,000
2347 Baseline Road, Parkway Park - Queensway Terrace S and Area, ON K2C 0E2
8 Beds
4 Baths
4 Parking
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 Summary

Property Type Residential Freehold
Property Sub Type Detached
Transaction Type For Sale
Style Bungalow
Bedrooms Above Grade 4
Bedrooms Below Grade 4
Bathrooms 4
Kitchens 2
Basement Finished
Exposure North
Possession To Be Arranged

Building

Building Type Detached
Square Footage 1100-1500
Exterior Brick, Vinyl Siding
Foundation Concrete
Roof Asphalt Shingle
Heating Radiant
Heat Source Gas
Cooling Wall Unit(s)
Fireplace No

Measurements

Lot Size 58 x 100
Lot Size Units Feet
Frontage 58
Depth 100
Total Living Area 1100-1500

Land

Address 2347 Baseline Road, Parkway Park - Queensway Terrace S and Area, ON K2C 0E2
City Parkway Park - Queensway Terrace S and Area
Community 6303 - Queensway Terrace South/Ridgeview
County / Area Ottawa
Cross Street Baseline Road between Southwood Drive and Centrepointe Drive
Sewer Sewer
Pool None
Parcel Number 039490053

Parking and Garage

Total Parking 4
Garage Spaces 0
Garage Type Carport
Parking Features Available, Covered, Front Yard Parking

Taxes and Listing Info

List Price $1,085,000
Annual Taxes $4,467
Tax Year 2025
Status Active
Listing Date 2026-05-26T21:04:31Z
Updated 2026-05-26T21:07:31Z
MLS Number X13177416
Local Market Insight

What Buyers Should Know About 2347 Baseline Road, Parkway Park - Queensway Terrace S and Area, ON K2C 0E2

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

2347 Baseline Road, Parkway Park - Queensway Terrace S and Area, ON K2C 0E2 is positioned in 6303 - Queensway Terrace South/Ridgeview, a part of Parkway Park - Queensway Terrace S and Area where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Bungalow, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Detached should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Baseline Road between Southwood Drive and Centrepointe Drive, public transit options, parking availability, and drive times to employment areas. A property with 4 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $1,085,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 8 bedrooms, 4 bathrooms, basement details marked as Finished, and a lot size of 58 x 100, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Parkway Park - Queensway Terrace S and Area, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around 6303 - Queensway Terrace South/Ridgeview. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 2347 Baseline Road, Parkway Park - Queensway Terrace S and Area, ON K2C 0E2, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.