1554 BASELINE ROAD
Incredible Investment Opportunity! All brick bungalow with legal secondary unit in prime rental location! Amazing cashflow grossing over $6,200/M! 3 Bed 1 bath upper unit and unique 3 bed 3 bath lower unit. Upper unit features 3 spacious bedrooms, a large living room, updated kitchen and 4pc bath. The lower level apartment is uniquely designed with a common full kitchen & 3 spacious bedrooms each with a wet bar and full ensuite bath bringing in nearly $3,800/M in rental income. Bus service at your doorstep, minutes walk to Algonquin and all the amenities of College Square & Merivale Rd. Great access to the highway for easy commuting by car, bus or bike! Amazing future development potential on this 50ft x 98ft lot. New proposed zoning of MS2 (Mainstreet Zone 2) allowing for a large multi unit mixed use building. Turn key investment property- enjoy great cashflow while watching your land value soar in the years to come! (id:21126)
| Level | Type | Dimensions |
|---|---|---|
| Basement | Bedroom | 4.81 m x 3.8 m |
| Basement | Bathroom | 2.27 m x 1.63 m |
| Basement | Bedroom | 4.34 m x 3.93 m |
| Basement | Bathroom | 2.08 m x 2.02 m |
| Basement | Utility room | 3.14 m x 2.08 m |
| Basement | Laundry room | 2.02 m x 1.06 m |
| Basement | Kitchen | 4.96 m x 2.97 m |
| Basement | Bedroom | 5.24 m x 3.36 m |
| Basement | Bathroom | 2.15 m x 1.63 m |
| Main level | Living room | 6.72 m x 3.39 m |
| Main level | Kitchen | 3.93 m x 3.8 m |
| Main level | Primary Bedroom | 3.8 m x 3.75 m |
| Main level | Bedroom | 3.75 m x 2.74 m |
| Main level | Bedroom | 3.12 m x 2.74 m |
| Main level | Bathroom | 2.39 m x 1.68 m |
Data Provided by REALTORS® Association of Canadian Real Estate
Last Modified: Mon, 03 Nov 2025 16:25:34 GMT
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