558 Lansdowne Drive

Legal 6-Plex. 5.92% CAP. 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 parking 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 5.43% 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.

type

House, Multi-family

bedrooms

11

bathrooms

6

parking

7

property tax

$12,242 / yr

days on market

117

MLS®

E13503278

• Washer
• Refrigerator
• Stove
• Dryer