ON > Ottawa > 3302 - Lindenlea
Ottawa, ON K1M1Y1,55 IVY CRESCENT
Ottawa, ON K1M1Y1,55 IVY CRESCENT
Ottawa, ON K1M1Y1,55 IVY CRESCENT
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Listing Booth

Listing Booth

+1(613) 707-9804
$1,075,000
Est. payment /mo
5 Beds
3 Baths
1,500 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $716

Subdivision 3302 - Lindenlea

MLS® Listing ID X12010715

Bedrooms 5

Originating Board Ottawa Real Estate Board

Property Description

Fantastic Investment Opportunity Triplex + Studio! This purpose-built property features two spacious two-bedroom apartments on the first and second floors, plus a one-bedroom unit on the lower level. The rental income includes: Unit 1 (one-bedroom) at $1,550/month until August 30, 2025, Unit 2 (two-bedroom) at $1,391/month + $328/month (studio/garage) on a month-to-month basis, and Unit 3 (two-bedroom) currently vacant and available for immediate possession at $2,500/month (market rent). Each unit boasts hardwood floors, upgraded kitchens, and renovated bathrooms, with access to an enclosed rear staircase and private outdoor space for dining al fresco. Recent updates include new dishwashers in Units 1 & 2, a replaced kitchen faucet in Unit 1, foundation waterproofing (2015), new flooring in Units 1 & 2 (2018), owned hot water tanks (2019), workshop/garage roof replacement (2019), and restructured back exterior stairs (2019). The studio space was formerly a double garage, now split into half garage, half studio. Tenants pay for hydro, internet, and cable and are responsible for garden maintenance and snow removal, while rents include heat and water/sewer. SEE LAST PHOTO FOR FULL FINANCIAL PROFILE. An exceptional income-generating opportunity don't miss out! (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Second level 1.83 m X 2.3 m Mud room

Extra Room 2 Second level 3.71 m X 4.81 m Living room

Extra Room 3 Second level 3.95 m X 3.47 m Kitchen

Extra Room 4 Second level 3.44 m X 3.48 m Bedroom

Extra Room 5 Second level 3.47 m X 3.48 m Primary Bedroom

Extra Room 6 Second level 1.5 m X 2.24 m Bathroom

Interior

Heating Hot water radiator heat

Cooling Window air conditioner

Exterior

Parking Features Yes

View Y/N No

Total Parking Spaces 1

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Virtual Tour https://nancybenson.com/wp-content/uploads/sites/351/2025/01/Feature-Sheet-55-Ivy-1-compressed.pdf

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Listing Booth

+1(613) 707-9804

Realtor | License ID: 4757672

Realtor License ID: 4757672

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55 IVY CRESCENT