<-- style PDP --> 55 Ivy Crescent, Ottawa - Triplex for sale for $1,075,000
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55 Ivy Crescent

Ottawa, Ontario, K1M 1Y1 - Lindenlea

$1,075,000

  • Neighbourhood

    Lindenlea

  • Major Intersection

    Beechwood to MacKay

  • Listed Since: 421 day(s)

  • Last update: 377 day(s) ago

Overview

  • Property Type

    Triplex, 2-Storey

  • Bedrooms

    5

  • Bathrooms

    3

  • Basement

    Full + Finished

  • Kitchen

    3

  • Total Parking

    1 (2 Detached Garage)

  • Lot Size

    35x100 (Feet)

  • Taxes

    $8,780.57 (2024)

  • Type

    Freehold

Property Description

Property description for 55 Ivy Crescent, 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!

Listed by RE/MAX HALLMARK REALTY GROUP

  • MLS #

    X12010715

  • Sq. Ft

    1500-2000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    51-99

  • Pool

    None

  • Drive

    Available

  • Garage

    Detached, 2 spaces

  • Total Parking

    1

  • Family Room

    N

  • Den

    N

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    Other

  • Foundation

    Concrete

  • Elevator

    N

  • Water View

    n/a

  • Laundry Level

    Lower

  • Heat

    Water

  • A/C

    Window Unit

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Living

    3.71 x 4.77 ft Main level

  • Kitchen

    3.96 x 3.45 ft Main level

    Combined W/Dining

  • Br

    3.47 x 3.44 ft Main level

    Closet, Double Closet

  • Br

    3.46 x 3.44 ft Main level

    Double Closet

  • Bathroom

    1.5 x 2.24 ft Main level

    4 Pc Bath

  • Living

    3.71 x 4.81 ft 2nd level

  • Kitchen

    3.95 x 3.47 ft 2nd level

    Combined W/Dining

  • Br

    3.44 x 3.48 ft 2nd level

  • Primary

    3.47 x 3.48 ft 2nd level

    Double Closet

  • Bathroom

    1.5 x 2.24 ft 2nd level

    4 Pc Bath

  • Mudroom

    1.83 x 2.3 ft 2nd level

    Combined W/Laundry

  • Living

    3.56 x 4.65 ft Lower level

  • Kitchen

    3.91 x 3.35 ft Lower level

  • Br

    3.92 x 3.33 ft Lower level

  • Bathroom

    1.51 x 2.16 ft Lower level

  • Utility

    2.64 x 3.36 ft Lower level

    Combined W/Laundry

  • MLS #

    X12010715

  • Sq. Ft

    1500-2000

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    51-99

  • Pool

    None

  • Drive

    Available

  • Garage

    Detached, 2 spaces

  • Total Parking

    1

  • Family Room

    N

  • Den

    N

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    Other

  • Foundation

    Concrete

  • Elevator

    N

  • Water View

    n/a

  • Laundry Level

    Lower

  • Heat

    Water

  • A/C

    Window Unit

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    Sewers

  • Central Vac

    N

  • Living

    3.71 x 4.77 ft Main level

  • Kitchen

    3.96 x 3.45 ft Main level

    Combined W/Dining

  • Br

    3.47 x 3.44 ft Main level

    Closet, Double Closet

  • Br

    3.46 x 3.44 ft Main level

    Double Closet

  • Bathroom

    1.5 x 2.24 ft Main level

    4 Pc Bath

  • Living

    3.71 x 4.81 ft 2nd level

  • Kitchen

    3.95 x 3.47 ft 2nd level

    Combined W/Dining

  • Br

    3.44 x 3.48 ft 2nd level

  • Primary

    3.47 x 3.48 ft 2nd level

    Double Closet

  • Bathroom

    1.5 x 2.24 ft 2nd level

    4 Pc Bath

  • Mudroom

    1.83 x 2.3 ft 2nd level

    Combined W/Laundry

  • Living

    3.56 x 4.65 ft Lower level

  • Kitchen

    3.91 x 3.35 ft Lower level

  • Br

    3.92 x 3.33 ft Lower level

  • Bathroom

    1.51 x 2.16 ft Lower level

  • Utility

    2.64 x 3.36 ft Lower level

    Combined W/Laundry

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

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estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 55 Ivy Crescent, Ottawa

This property has been sold 2 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Estimated price

Date
Price
Change
2025-03-10
$1,137,189
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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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