For Sale

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

$999,900

55 Douglas Avenue, New Edinburgh - Lindenlea, Ontario K1M 1G3 is For Sale and has a listing price of 999,900. The property is located in the New Edinburgh - Lindenlea . It's been on the website for 59 Days.

  • Fourplex
    Property Type
  • 5
    Bedrooms
  • 4
    Bathrooms
  • MLS ID: X12211135
  • Office Name RE/MAX HALLMARK REALTY GROUP
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 40×100 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!!

Property Details
  • Bedrooms: 5
  • MLS ID: X12211135
  • Bathrooms: 4
  • Price: $999,900
  • Lot Depth: 100
  • Transaction Types: For Sale
  • Ref ID: X12211135
  • Year Built: N/A
  • Approx Sqft: 2000-2500
  • Dir / Cross St: Beechwood
  • Status: Active
  • Tax Year: 2025
  • Property Type: Fourplex
  • Property Type: All Houses
  • Property Sub Category: Fourplex
Price History
List Date MLS ID List Price Status End Date Closed Price
06/10/2025 X12211135 $999,900 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
New Edinburgh - Lindenlea
  • $1,089,842 Average List Price
    based on 1 year
  • 11 New Listings
    based on 30 days
  • 47 Median Days on Market
    based on 1 year
  • List vs. Selling Price 43.01 % Up
  • Sold (12mo) 27
  • Rented (12mo) 35

  • 1 Month Change -
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
  • 84 Walk Score
    Very Walkable
  • 54 Transit Score
    Good Transit
  • 85 Bike Score
    Very Bikeable
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 4
  • Garage Type Y
  • Parking Spaces: 5
  • Exterior Vinyl Siding
  • Kitchen 4
  • Washrooms Type 1 # Pcs: 3
  • Taxes: $8,817
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 10/06/2025 21:16:45
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