New Edinburgh - Lindenlea, ON K1M 1G3,55 Douglas AVE
New Edinburgh - Lindenlea, ON K1M 1G3,55 Douglas AVE
New Edinburgh - Lindenlea, ON K1M 1G3,55 Douglas AVE
New Edinburgh - Lindenlea, ON K1M 1G3,55 Douglas AVE
New Edinburgh - Lindenlea, ON K1M 1G3,55 Douglas AVE
New Edinburgh - Lindenlea, ON K1M 1G3,55 Douglas AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
12
Jun
Fri
13
Jun
Sat
14
Jun
$ 999,900
Est. payment | /mo

5 Beds

4 Baths


Save
$ 999,900
Est. payment | /mo
Save

5 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 3302 - Lindenlea

MLS Listing ID X12211135

Style 2-Storey

Bedrooms 5

Annual Tax Amount $8,817

Tax Year 2025

Property Sub-Type Fourplex

Property Description

Don't wait to buy real estate, Buy real estate and wait!! This couldn't be more true for this fourplex in an incredible area. Boasting a 4.9% Cap Rate, this 4plex is cash flow positive with 20% down! Start making money today!! In the heart of New Edinburgh and situated on a 40x100 lot, there has never been a vacancy. The 4 units consist of one bachelor unit, two 1-bedroom units and one 2 bedroom unit. Loads of potential for upswing as rents are below market value. Fire retrofitted, plenty of parking, lush backyard, balconies and front deck. Must be seen!!

Location

Province ON

County Ottawa

Community 3302 - Lindenlea

Area Ottawa

Rooms

Family Room No

Basement Unfinished

Kitchen 4

Interior

Interior Features Other

Cooling None

Fireplace No

Heat Source Gas

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 40.0

Lot Depth 100.0

Total Parking Spaces 5

Building

Foundation Poured Concrete

Listed by RE/MAX HALLMARK REALTY GROUP
agent
Jai Mession

Agent | License ID: 9575965

+1(647) 887-9867 | jai.mession@theagencyre.com

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

55 Douglas AVE