55
IVY CRESCENT
Ottawa, ON
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List Price
$1,075,000
Beds
5
Baths
3
Property Taxes
$9,074.6 (2025)
Square Feet
35.00 ft x 100.00 ft
Description
Fantastic Investment Opportunity – 3plex + Studio in Prestigious New Edinburgh/Lindenlea!
A rare chance to own a purpose-built triplex plus a studio and detached garage in one of Ottawa’s most desirable neighbourhoods. This well-maintained property includes:
- Unit 1 ( lower level) Market Rent $1,900/month 1 bedroom Hardwood floors, modern bathroom (2025), renovated kitchen
- Unit 2(main floor) Rented at $1,425/month 2 bedroom, all hardwood floors with full ceramic tiled modern bathroom, recent appliances installed
- Unit 3 (2nd floor) 2 Bedroom + atrium and it’s own laundry area. Rented at $2500/month hardwood flooring throughout, and a full renovated bathroom and kitchen with modern appliances
- Studio/Workshop (rear garden) $336/month insulated with electric heat
- Detached single garage attached to the studio can be used for parking a car or to expand the studio space
- Each unit has access to a private outdoor space and an enclosed rear staircase.
Recent Upgrades:
- Foundation waterproofing (2015)
- New flooring in Units 1 & 2 (2018)
- Owned hot water tanks (2019)
- Workshop/garage roof replacement (2019)
- Restructured rear exterior stairs (2019)
- Upgraded kitchen appliance (2024)
- kitchen + New kitchen faucets (2025)
- Dishwashers added in Units 1 & 2 (2025)
- Full renovated bathroom in Unit 1 with pristine white tiles and black bathroom hardware (2025
Tenant Pays:
- Hydro, internet, cable
- Garden maintenance & snow removal
- (Heat and water/sewer are included in rent)
This meticulously maintained and versatile property offers strong income potential in a tranquil, tree-lined community steps from Beechwood Avenue. A perfect opportunity for investors or owner-occupiers seeking prime rental income in New Edinburgh/Lindenlea.