$1,095,000
Available - For Sale
Listing ID: X12010715
55 Ivy Cres , New Edinburgh - Lindenlea, K1M 1Y1, Ottawa
| 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! |
| Price | $1,095,000 |
| Taxes: | $8780.57 |
| Assessment Year: | 2024 |
| Occupancy by: | Tenant |
| Address: | 55 Ivy Cres , New Edinburgh - Lindenlea, K1M 1Y1, Ottawa |
| Directions/Cross Streets: | Beechwood to MacKay |
| Rooms: | 13 |
| Rooms +: | 5 |
| Bedrooms: | 5 |
| Bedrooms +: | 0 |
| 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 | Mud Room | 6 | 7.54 | Combined w/Laundry |
| Room 12 | Lower | Living Ro | 11.68 | 15.25 | |
| Room 13 | Lower | Kitchen | 12.82 | 10.99 | |
| Room 14 | Lower | Bedroom | 12.86 | 10.92 | |
| Room 15 | Lower | Bathroom | 4.95 | 7.08 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | |
| Washroom Type 2 | 4 | |
| Washroom Type 3 | 4 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 51-99 |
| 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: | Water |
| 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 |
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|
Arthur Sercan & Jenny Spanos
Sales Representative
Dir:
416-723-4688
Bus:
416-445-8855
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At a Glance:
| Type: | Freehold - Triplex |
| Area: | Ottawa |
| Municipality: | New Edinburgh - Lindenlea |
| Neighbourhood: | 3302 - Lindenlea |
| Style: | 2-Storey |
| Approximate Age: | 51-99 |
| Tax: | $8,780.57 |
| Beds: | 5 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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