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Queensway Terrace South/Ridgeview · K2C 0E2
$1,085,000
MLS® #X13177416
All photos · 40
8
Bedrooms
4
Bathrooms
1100-1500
Square Feet
About this property
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.
General information
Building and mechanicals
Basement
Parking and garage
Lot and land
Interior features
Features
Exterior features
Pool
Taxes
Rooms
| Room | Level | Dimensions |
|---|---|---|
| Foyer | Main | 12' 8" × 5' 2" |
| Living Room | Main | 12' 8" × 12' 2" |
| Kitchen | Main | 16' 2" × 9' 6" |
| Bedroom | Main | 12' 11" × 8' 1" |
| Bedroom | Main | 11' 7" × 9' 1" |
| Bedroom | Main | 13' × 8' 1" |
| Bedroom | Main | 12' × 10' 4" |
| Living Room | Basement | 19' 2" × 11' 5" |
| Kitchen | Basement | 11' 11" × 8' 11" |
| Bedroom | Basement | 11' 1" × 9' 5" |
| Bedroom | Basement | 12' 2" × 8' 5" |
| Bedroom | Basement | 12' 7" × 8' 11" |
| Bedroom | Basement | 12' 7" × 8' 11" |
Mortgage estimate
Estimated monthly payment
$4,582
Down payment: $217,000 · Loan: $868,000
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.
Listing record
Listing courtesy of: ROYAL LEPAGE INTEGRITY REALTY. Originating board: the A00001796.
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. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: May 26, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.