For Sale
2347 Baseline Road
6303 - Queensway Terrace South/Ridgeview, Parkway Park - Queensway Terrace S and Area, ON
$1,149,880
4+4Bd
4Ba
1,300+sqft
4Parking
58 x 100 ftlot
$885/sqft
DetachedMLS# X12951578Listed 2026-04-0228 DOM
Heating
Water Heater Owned
Basement
Finished
About this home
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 20 m 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.
Rooms
Main Floor
| Foyer | 3.87 × 1.58 m | |
| Living Room | 3.87 × 3.71 m | |
| Kitchen | 4.93 × 2.89 m | |
| Bedroom | 3.93 × 2.46 m | |
| Bedroom | 3.53 × 2.77 m | |
| Bedroom | 3.96 × 2.46 m | |
| Bedroom | 3.65 × 3.16 m |
Basement
| Living Room | 5.85 × 3.47 m | |
| Kitchen | 3.62 × 2.71 m | |
| Bedroom | 3.38 × 2.86 m | |
| Bedroom | 3.71 × 2.56 m | |
| Bedroom | 3.84 × 2.71 m | |
| Bedroom | 3.84 × 2.71 m |
Features
- Water Heater Owned
- Upgraded Insulation
- Separate Hydro Meter
- Primary Bedroom - Main Floor
- Separate Heating Controls
- Accessory Apartment
- Carpet Free
- Landscaped
- Controlled Entry
- Finished
- Wall Unit(s)
- Bungalow
Financials
Annual Taxes
$4,467
Estimated Rental Income
Entire property$4,000 – $6,500/mo
Basement apartment$1,800 – $2,500/mo
Rental yield4.2% – 6.8%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Parkway Park - Queensway Terrace S and Area
Days on market28 days
Buyer's MarketSeller's Market
Based on active listings in Parkway Park - Queensway Terrace S and Area. Data updates daily.
Our estimate for this home
Estimated range
$718K – $834K
Mid-point $776K · ~$597/sqft
How this listing compares
$718KList · $1.15M$834K
High confidence·Based on 10620 gta-wide comparables
Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
53
/ 100
Walk Score
Somewhat Walkable
46
/ 100
Transit Score
Some Transit
49
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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