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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$1,225,000
Available - For Sale
Listing ID: X13797412
Exceptional Investment Opportunity - Turnkey Triplex + Studio in Prestigious New Edinburgh/Lindenlea. Strong income-producing asset with a 5.68% cap rate, gross income of $87,000, and NOI of $69,546, supporting approximately $1,250,000 in financing at current rates - a true money maker. Unit 1 - Leased ($1,850/month + hydro), Unit 2 -(vacant) Great for owner live-in (market rent $2,300/month), Unit 3 - Leased ($2,550/month + hydro), + Studio/workshop - Leased ($550/month incl. Hydro). Ideally located steps to Global Affairs, Beechwood Village, and scenic pathways along the Ottawa and Rideau Rivers. Walking distance to the ByWard Market and the Governor General's Residence & Global Affairs. This meticulously maintained all-brick (purpose-built) triplex plus a separate studio/workshop and a garage for storage is a turnkey investment. Apt #1 - features a renovated 1-bedroom unit with hardwood floors and a modern (2025) bathroom, Apt. # 2 main floor offers a bright 2-bedroom unit with refinished hardwood floors, renovated bath, large eat-in kitchen, and oversized deck with garden access, Apt. #3 - the second floor includes a 2-bedroom + den + solarium with hardwood throughout, updated kitchen and bathroom, and private laundry. The insulated studio/workshop with its own electrical panel is ideal for a music studio/ gym/ office. Additional features include an enclosed rear staircase, shared laundry (Units 1 & 2), gas-fired hot water heating, owned hot water tanks. Extensive upgrades include- Rebuilt rear stairs and Deck and Garage Renovation (2019), Professional painted throughout (2024) Foundation waterproofing (2015), Workshop/Garage Roof Replacement (2019), Main roof is(2014)and is modified bitumen ,Unit 1 Fully Renovated Bathroom (2025), Unit #2 Renovated Bathroom (2026), Upgraded- appliances, dishwashers, faucets. SEE LAST PHOTO (#50)FOR FULL FINANCIAL PROFILE OF PROPERTY.
Price $1,225,000
Taxes: $9,680.58
Occupancy by: Tenant
Address: 55 Ivy Crescent , New Edinburgh - Lindenlea, K1M 1Y1, Ottawa
Directions/Cross Streets: Beechwood to MacKay
Rooms: 13
Rooms +: 5
Bedrooms: 5
Bedrooms +: 0
Washrooms: 3
Family Room: F
Basement: Full
Finished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 12.17 15.65
Room 2: Main Kitchen 12.99 11.32 Combined w/Dining
Room 3: Main Bedroom 11.38 11.28 Closet, Double Closet
Room 4: Main Bedroom 11.35 11.28 Double Closet
Room 5: Main Bathroom 4.92 7.35 4 Pc Bath
Room 6: Second Living Ro 12.17 15.78
Room 7: Second Kitchen 12.96 11.38 Combined w/Dining
Room 8: Second Bedroom 11.28 11.41
Room 9: Second Primary B 11.38 11.41 Double Closet
Room 10: Second Bathroom 4.92 7.35 4 Pc Bath
Room 11: Second Den 6.00 7.54 Combined w/Laundry
Room 12: Second Solarium 15.68 7.58
Room 13: Lower Living Ro 11.68 15.25
Room 14: Lower Kitchen 12.82 10.99 Combined w/Dining
Room 15: Lower Bedroom 12.86 10.92
No. of Pieces Level
Washroom 1:  4
Washroom 2:  4
Washroom 3:  4
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4
Washroom 7:  4
Washroom 8:  4
Washroom 9:  0
Washroom 10:  0
Washroom 11:  4
Washroom 12:  4
Washroom 13:  4
Washroom 14:  0
Washroom 15:  0
Washroom 16:  4
Washroom 17:  4
Washroom 18:  4
Washroom 19:  0
Washroom 20:  0
Washroom 21:  4
Washroom 22:  4
Washroom 23:  4
Washroom 24:  0
Washroom 25:  0
Washroom 26:  4
Washroom 27:  4
Washroom 28:  4
Washroom 29:  0
Washroom 30:  0
Washroom 31:  4
Washroom 32:  4
Washroom 33:  4
Washroom 34:  0
Washroom 35:  0
Property Type: Triplex
Style: 2-Storey
Exterior: Brick
Garage Type: Detached
(Parking/)Drive: Available
Drive Parking Spaces: 1
Park #1
Parking Type: Available
Park #2
Parking Type: Available
Pool: None
Other Structures: Workshop, Addi
Approximatly Age: 51-99
Approximatly Square Footage: 1500-2000
Property Features: Wooded/Treed
Public Transit
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: Window Unit
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
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RE/MAX HALLMARK REALTY GROUP

55 Ivy Crescent , New Edinburgh - Lindenlea, K1M 1Y1, Ottawa

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Maria Tompson
Sales Representative
Dir:
416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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Type: Freehold - Triplex
Area: Ottawa
Municipality: New Edinburgh - Lindenlea
Neighbourhood: 3302 - Lindenlea
Style: 2-Storey
Lot Size: x 100.00(Feet)
Approximate Age: 51-99
Tax: $9,680.58
Maintenance Fee: $0
Beds: 5
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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