Mirna Botros
613-600-262655 Ivy Crescent - $1,225,000
55 Ivy Crescent - $1,225,000
55 Ivy Crescent
$1,225,000
3302 - Lindenlea
Ottawa, OntarioK1M1Y1
5 beds
3 baths
1 parking
MLS#: X13797412Listed: about 2 hours agoUpdated:about 2 hours ago
Description
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. (id:58075)Details
Details for 55 Ivy Crescent, Ottawa, Ontario- Property Type
- Multi Family
- Building Type
- Triplex
- Storeys
- 2
- Neighborhood
- 3302 - Lindenlea
- Land Size
- 35 x 100 FT
- Year Built
- -
- Annual Property Taxes
- $9,681
- Parking Type
- Detached Garage, Garage
Inside
- Appliances
- Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Window Air Conditioner, Hood Fan, Blinds, Garage door opener remote(s), Water Heater
- Rooms
- 18
- Bedrooms
- 5
- Bathrooms
- 3
- Fireplace
- -
- Fireplace Total
- -
- Basement
- Finished, Full
Building
- Architecture Style
- -
- Direction
- Cross Streets: Beechwood to MacKay. ** Directions: Beechwood Avenue to MacKay Street to Ivy Crescent Visitor Parking on the Street.
- Type of Dwelling
- triplex
- Roof
- -
- Exterior
- Brick
- Foundation
- Concrete
- Flooring
- -
Land
- Sewer
- Sanitary sewer
- Lot Size
- 35 x 100 FT
- Zoning
- -
- Zoning Description
- R3P
Parking
- Features
- Detached Garage, Garage
- Total Parking
- 1
Utilities
- Cooling
- Window air conditioner
- Heating
- Radiant heat, Natural gas
- Water
- Municipal water
Feature Highlights
- Community
- -
- Lot Features
- Wooded area, Flat site, Paved yard, Carpet Free
- Security
- Smoke Detectors
- Pool
- -
- Waterfront
- -
Rooms
Rooms for 55 Ivy Crescent, Ottawa, OntarioMap
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