55 Douglas Avenue Ottawa, Ontario K1M 1G3
$999,900
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!! (id:49269)
Property Details
| MLS® Number | X12211135 |
| Property Type | Multi-family |
| Community Name | 3302 - Lindenlea |
| ParkingSpaceTotal | 5 |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 5 |
| BedroomsTotal | 5 |
| BasementDevelopment | Unfinished |
| BasementType | N/a (unfinished) |
| ExteriorFinish | Vinyl Siding |
| FoundationType | Poured Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 2000 - 2500 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 100 Ft |
| SizeFrontage | 40 Ft |
| SizeIrregular | 40 X 100 Ft |
| SizeTotalText | 40 X 100 Ft |
https://www.realtor.ca/real-estate/28447872/55-douglas-avenue-ottawa-3302-lindenlea
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June 10 2025 10:03:48
Ottawa Real Estate Board
RE/MAX Hallmark Realty Group