55 Ivy Crescent Ottawa, Ontario K1M 1Y1
$1,075,000
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:35885)
Property Details
| MLS® Number | X12010715 |
| Property Type | Multi-family |
| Community Name | 3302 - Lindenlea |
| AmenitiesNearBy | Public Transit |
| EquipmentType | None |
| Features | Wooded Area, Paved Yard, Carpet Free, Atrium/sunroom |
| ParkingSpaceTotal | 1 |
| RentalEquipmentType | None |
| Structure | Deck, Workshop |
Building
| BathroomTotal | 3 |
| BedroomsAboveGround | 5 |
| BedroomsTotal | 5 |
| Age | 51 To 99 Years |
| Amenities | Separate Electricity Meters |
| Appliances | Garage Door Opener Remote(s), Water Heater, Water Meter, Dishwasher, Dryer, Garage Door Opener, Hood Fan, Stove, Two Washers, Refrigerator |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| CoolingType | Window Air Conditioner |
| ExteriorFinish | Brick |
| FireProtection | Smoke Detectors |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Hot Water Radiator Heat |
| StoriesTotal | 2 |
| SizeInterior | 1499.9875 - 1999.983 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 100 Ft |
| SizeFrontage | 35 Ft |
| SizeIrregular | 35 X 100 Ft |
| SizeTotalText | 35 X 100 Ft |
| ZoningDescription | R3p |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Mud Room | 1.83 m | 2.3 m | 1.83 m x 2.3 m |
| Second Level | Living Room | 3.71 m | 4.81 m | 3.71 m x 4.81 m |
| Second Level | Kitchen | 3.95 m | 3.47 m | 3.95 m x 3.47 m |
| Second Level | Bedroom | 3.44 m | 3.48 m | 3.44 m x 3.48 m |
| Second Level | Primary Bedroom | 3.47 m | 3.48 m | 3.47 m x 3.48 m |
| Second Level | Bathroom | 1.5 m | 2.24 m | 1.5 m x 2.24 m |
| Lower Level | Living Room | 3.56 m | 4.65 m | 3.56 m x 4.65 m |
| Lower Level | Kitchen | 3.91 m | 3.35 m | 3.91 m x 3.35 m |
| Lower Level | Bedroom | 3.92 m | 3.33 m | 3.92 m x 3.33 m |
| Lower Level | Bathroom | 1.51 m | 2.16 m | 1.51 m x 2.16 m |
| Lower Level | Utility Room | 2.64 m | 3.36 m | 2.64 m x 3.36 m |
| Main Level | Living Room | 3.71 m | 4.77 m | 3.71 m x 4.77 m |
| Main Level | Kitchen | 3.96 m | 3.45 m | 3.96 m x 3.45 m |
| Main Level | Bedroom | 3.47 m | 3.44 m | 3.47 m x 3.44 m |
| Main Level | Bedroom | 3.46 m | 3.44 m | 3.46 m x 3.44 m |
| Main Level | Bathroom | 1.5 m | 2.24 m | 1.5 m x 2.24 m |
Utilities
| Cable | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/28003661/55-ivy-crescent-ottawa-3302-lindenlea
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April 04 2025 05:23:27
Ottawa Real Estate Board
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