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55 Ivy Crescent, Ottawa, ON 47 photos

$1,300,000

Active
55 Ivy Crescent, Ottawa, ON· Lindenlea
5
Bedrooms
3
Bathrooms
1500-2000
Sq Ft
1 (Detached)
Parking
51-99
Year Built

About this Property

Exceptional Investment Opportunity - Turnkey Triplex + Studio in Prestigious New Edinburgh/Lindenlea. Strong income-producing asset with a 5.4% cap rate, gross income of $88,800, and NOI of $70,856, supporting approximately $1,250,000 in financing at current rates - a true money maker. Unit 1 is leased at $1,850/month + hydro, Unit 2 (vacant) offers market rent of approximately $2,500/month, Unit 3 is rented at $2,500/month + hydro, and the studio/workshop generates $550/month, providing stable income with upside. Ideally located steps to Global Affairs, Beechwood Village, and scenic pathways along the Ottawa and Rideau Rivers, and within walking distance to the ByWard Market and the Governor General's Residence. This meticulously maintained all-brick purpose-built triplex plus separate studio/workshop within a double detached garage is a turnkey investment. The lower level features a renovated 1-bedroom unit with hardwood floors and a modern 2025 bathroom, the main floor offers a bright 2-bedroom unit with refinished hardwood, renovated bath, large eat-in kitchen, and oversized deck with garden access, while the second floor includes a 2-bedroom + den + solarium unit with hardwood throughout, updated kitchen and bath, and private laundry. The insulated studio/workshop with its own electrical panel is ideal for a gym, office, or added income. Additional features include an enclosed rear staircase, shared laundry (Units 1 & 2), gas-fired hot water heating, A/C in the basement unit, tandem multi-car driveway plus garage parking, and professional painting throughout. Extensive upgrades include foundation waterproofing, roof replacement, owned hot water tanks, rebuilt rear stairs and deck, upgraded appliances, added dishwashers, new faucets, renovated bathrooms, and refinished hardwood floors. SEE LAST PHOTO FOR FULL FINANCIAL PROFILE.

Listed by RE/MAX HALLMARK REALTY GROUP · MLS# X12751336

Features & Details

Property details of 55 Ivy Crescent, Ottawa, ON

Property TypeTriplex
Style2-Storey
Size1500-2000 sq ft
BasementFull, Finished
Total Parking1

Mortgage Calculator

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Mortgage Payment$6,387/monthly
Principal Amount$1,040,000
Interest$875,953
Total Payable$1,915,953
Amortization25 years

* Estimate only. Consult a mortgage broker for accurate figures.

Cash Flow Analysis

Mortgage payment$6,387
Mortgage + Expenses$6,387
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$
$
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Monthly Cash Flow-$6,387

* Estimate only. Consult a mortgage broker for accurate figures.

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Akash Sharma

Akash Sharma

REALTOR® · Ali Realty Group Inc.

Ottawa's trusted real estate partner with 170+ successful transactions and $30M+ in sales.

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