Sign In or Create a Free Account to see full details of this property
Key Facts
Key facts for 558 Lansdowne Drive
Property Type
Apartment, 2 1/2 Storey
Parking
None 0 garage, 7 parking
MLS #
E13442162
Size
3500-5000 sqft
Basement
Apartment,Finished,Walk-Up,Separate Entrance
Listed on
2026-06-13
Lot size
75 x 136.5
Tax
$12,242 /yr
Days on Market
122
Approximate Age
-
Maintenance Fee
-
Description
Legal 6-Plex - Turnkey Investment in High-Demand Neighbourhood. Well-maintained, all-brick legal 6-unit building on a large 75' x 136' lot. Features 5 spacious 2-bedroom units and 1 one-bedroom unit, each with its own bathroom (five 4-piece and one 3-piece), private storage locker, and dedicated par...king spot. Four units include private balconies.Recent updates include a new Goodyear White Membrane flat roof, some windows, flooring, appliances, paved driveway, glass sliding doors, and flooring. All units have 60-amp panels.Additional highlights: on-site coin laundry, solid terrazzo staircases (front & rear) with fire-code compliant doors/locks, and excellent access throughout. Tenants pay hydro & hot water: landlord pays heat. 7 parking spots total with room for more.This turnkey property is currently occupied by A++ long-term tenants and offers a 4.09% cap rate with strong upside potential for increased returns over time. Located in a quiet, highly desirable neighbourhood - walking distance to schools, Costco Plaza, and all amenities.
