55 Douglas Avenue, New Edinburgh - Lindenlea, ON Image 1

$999,900

Fourplex For Sale
MLS - #X12211135
Jun 10- By RE/MAX HALLMARK REALTY GROUP

55 Douglas Avenue, New Edinburgh - Lindenlea, ON K1M 1G3

5 Bed
4 Bath
2000-2500 Sqft.
None Garage

Property Description

Property type

Fourplex

Lot size

N/A

Style

2-Storey

Approx. Area

2000-2500 Sqft

About 55 Douglas Avenue

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!!

Home Overview

Last updated

Jun 10

Virtual tour

None

Basement information

Unfinished

Building size

--

Status

In-Active

Property sub type

Fourplex

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:Unfinished
Cooling:None
Heating:Forced Air
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
99990000.0%
Higher than average

Price Comparison

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Location

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Walk Score for 55 Douglas Avenue

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

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