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For sale
Fourplex

55 Douglas Avenue

$999,900
Ottawa, Ontario, K1M 1G3
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Overview

  • Updated On:
  • June 10 2025
  • MLS® Number
  • X12211135
  • 5 Bedrooms
  • 4 Bathrooms

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!! (id:57887)

Details

Price:
Price Info:
Property Type: Multi-family
Building Type: Fourplex
Storeys: 2
Neighbourhood: Rockcliffe Park

Features

Cooling & Heating
Natural gas
Forced air
ExteriorFinish
Vinyl siding

Calculator

$ 5,126.69
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,876.81

Building Details

Bedroom
BedroomsAboveGround: 5
BedroomsTotal: 5
Bathroom
BathroomTotal: 4
Basement
BasementDevelopment: Unfinished
BasementType: N/A (Unfinished)
Size
SizeInterior: 2000 - 2500 sqft
Construction
FoundationType: Poured Concrete
Utility
UtilityWater: Municipal water

Land Details

Acreage: No
Sewer: Sanitary Sewer
SizeDepth: 100 Ft
SizeFrontage: 40 Ft
SizeIrregular: 40 X 100 Ft
SizeTotalText: 40 X 100 Ft

What's Nearby

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June 10 2025 10:03:48

Ottawa Real Estate Board

RE/MAX Hallmark Realty Group

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  • The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.
  • The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

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