55 IVY CRESCENT

Ottawa Ontario K1M1Y1

$1,075,000

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Address

Street Address
55 IVY CRESCENT
City
Ottawa
Province
Ontario
Postal Code
K1M1Y1
Country
Canada
Community Name
3302 - Lindenlea

Property Features

Listing ID
X12010715
Property Type
Multi-family

Property Description

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! (id:2494)

Property Details

ID
28003661
Ammenities Near By
Public Transit
Equipment Type
None
Features
Wooded area, Paved yard, Carpet Free, Atrium/Sunroom
Location Description
Beechwood to MacKay
Parking Space Total
1
Price
1,075,000
Rental Equipment Type
None
Structure
Deck, Workshop
Transaction Type
For sale
Zoning Description
R3P

Building

Bathroom Total
3
Bedrooms Above Ground
5
Bedrooms Total
5
Age
51 to 99 years
Amenities
Separate Electricity Meters
Appliances
Garage door opener remote(s), Water Heater, Water meter, Dishwasher, Dryer, Garage door opener, Hood Fan, Stove, Two Washers, Refrigerator
Basement Development
Finished
Basement Type
Full (Finished)
Cooling Type
Window air conditioner
Exterior Finish
Brick
Fire Protection
Smoke Detectors
Foundation Type
Concrete
Heating Fuel
Natural gas
Heating Type
Hot water radiator heat
Stories Total
2.00
Size Interior
1500 - 2000 sqft
Type
Triplex
Utility Water
Municipal water

Room

Type
Mud room
Level
Second level
Dimension
1.83 m x 2.3 m

Type
Living room
Level
Second level
Dimension
3.71 m x 4.81 m

Type
Kitchen
Level
Second level
Dimension
3.95 m x 3.47 m

Type
Bedroom
Level
Second level
Dimension
3.44 m x 3.48 m

Type
Primary Bedroom
Level
Second level
Dimension
3.47 m x 3.48 m

Type
Bathroom
Level
Second level
Dimension
1.5 m x 2.24 m

Type
Living room
Level
Lower level
Dimension
3.56 m x 4.65 m

Type
Kitchen
Level
Lower level
Dimension
3.91 m x 3.35 m

Type
Bedroom
Level
Lower level
Dimension
3.92 m x 3.33 m

Type
Bathroom
Level
Lower level
Dimension
1.51 m x 2.16 m

Type
Utility room
Level
Lower level
Dimension
2.64 m x 3.36 m

Type
Living room
Level
Main level
Dimension
3.71 m x 4.77 m

Type
Kitchen
Level
Main level
Dimension
3.96 m x 3.45 m

Type
Bedroom
Level
Main level
Dimension
3.47 m x 3.44 m

Type
Bedroom
Level
Main level
Dimension
3.46 m x 3.44 m

Type
Bathroom
Level
Main level
Dimension
1.5 m x 2.24 m

Land

Size Total Text
35 x 100 FT
Size Frontage
35 ft
Amenities
Public Transit
Sewer
Sanitary sewer
Size Depth
100 ft
Size Irregular
35 x 100 FT

Parking

Name
Detached Garage

Name
Garage

Utility

Type
Cable
Description
Installed

Type
Sewer
Description
Installed

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