55 IVY Cres, New Edinburgh - Lindenlea, Ontario K1M 1Y1

Great investment opportunity with full leases on all units! This triplex + studio features 2 two-bedroom apartments on the first and second floor plus a 1 one-bedroom apartment on the lower level. Purpose built the units offer hardwood floors throughout, upgraded kitchens, renovated bathrooms, each unit with access to an enclosed rear staircase & outdoor space for dining Al Fresco. Unit 1- one bedroom $1550.00/mth. until 08/30/2025 Unit 2 - two bedroom $1391.00/mth. + $328/mth. (studio/garage) mth.-mth., Unit 3 - now vacant available for immediate possession two bedroom $2500.00 mth (market rent). All rents include heat + water/sewer. Tenants pay individual hydro, internet, cable. Tenants are also responsible for garden maintenance & snow removal. Updates - foundation waterproofing (2015), new flooring in units 1 and 2 (2018), hot water tanks replaced (2019) all owned, workshop/garage roof replaced (2019), and back exterior stairs restructured (2019). Studio - use to be a double garage - 1/2 now garage +1/2 studio. Tenants wish to remain., Flooring: Hardwood, Flooring: Ceramic