Property Details

55 Douglas Avenue, New Edinburgh - Lindenlea

$ 999,900

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!!

Additional Details

  • Community
    3302 - Lindenlea
  • Lot Size
    40 X 100 Ft.
  • Approx Sq Ft
    2000-2500
  • Building Type
    Fourplex
  • Building Style
    2-Storey
  • Taxes
    $8817 (2025)
  • Garage Type
    None
  • Parking Space
    5
  • Air Conditioning
    None
  • Heating Type
    Forced Air
  • Kitchen
    4
  • Basement
    Unfinished
  • Pool
    None
  • Listing Brokerage
    RE/MAX HALLMARK REALTY GROUP

Features

Location

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

Nearby Schools

Source: Schools information and student demographics
For further information and school ranking visit Fraser Institution and EQAO.

  Green Yellow Orange Red
Average student achievements (out of 100%) 100-76 75-60 60-40 40-0

Share this Property

Share

Listing Brokerage

  • RE/MAX HALLMARK REALTY GROUP

By using our site, you agree to our Terms of User and Privacy Policy .
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.

Listing Data is provided courtesy of Toronto Real Estate Boards

Disclaimer: The property is not necessarily in the boundary of the schools shown above. This map indicates the closest primary and secondary schools that have been rated by the Fraser Institute. There may be other, closer schools available that are not rated by the Fraser Institute, or the property can be in the boundary of farther schools that are not shown on this map. This tool is designed to provide the viewer an overview of the ratings of nearby public schools, and does not suggest association to school boundaries. To view all schools and boundaries please visit the respective district school board’s website.

S
Sujatha Kumaraswami
Sujatha Kumaraswami
Do you have questions?
Call or text today, we are here to help!