$1,095,000
FOR SALE

Triplex

Bedrooms: 5Bathrooms: 3Lot: 35 x 100 ft
2024 Taxes: $8,781

55 IVY Cres
New Edinburgh - Lindenlea, ON K1M 1Y1 | 3302 - Lindenlea | Ottawa

Great investment opportunity with full leases on all units! This triplex + studio features 2 two-bedroom apartments on the first and second floor plus a 1 one-bedroom apartment on the lower level. Purpose built the units offer hardwood floors throughout, upgraded kitchens, renovated bathrooms, each unit with access to an enclosed rear staircase & outdoor space for dining Al Fresco. Unit 1- one bedroom $1550.00/mth. until 08/30/2025 Unit 2 - two bedroom $1391.00/mth. + $328/mth. (studio/garage) mth.-mth., Unit 3 - now vacant available for immediate possession two bedroom $2500.00 mth (market rent). All rents include heat + water/sewer. Tenants pay individual hydro, internet, cable. Tenants are also responsible for garden maintenance & snow removal. Updates - foundation waterproofing (2015), new flooring in units 1 and 2 (2018), hot water tanks replaced (2019) all owned, workshop/garage roof replaced (2019), and back exterior stairs restructured (2019). Studio - use to be a double garage - 1/2 now garage +1/2 studio. Tenants wish to remain., Flooring: Hardwood, Flooring: Ceramic
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Listed By RE/MAX HALLMARK REALTY GROUP
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9521170
Last Updated Jan 06, 2025
Property Summary
Property Type Triplex

More like this:
PIN 042210129
Legal Description PT LTS 35 & 36, PL 68 , AS IN N724810 ; OTTAWA/GLOUCESTER
Possession Date TBA
Taxes (2024) $8,781
Directions/Cross Streets Beechwood Avenue to MacKay Street to Ivy Crescent Visitor Parking on the Street
Neighbourhood 3302 - Lindenlea
Area Ottawa
Price History

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Detailed Information
Fronting On N
Property Features Fenced Yard, Public Transit, Wooded/Treed
Special Designations Unknown
Bedrooms 5
Bathrooms 3
Kitchens 3
Lot 35 x 100 ft
Exterior Brick
Air Conditioning Window Unit
Central Vac N
Family Room N
Fireplace/Stove N
Pool None
Basement Finished, Full
Drive None
Garage Spaces 0.0
Garage Type Detached
Parking Spaces 1
Total Parking Spaces 1.0
Heat Source Gas
Heat Type Water
Rural Services Natural Gas
Sewers Sewers
Utilities-Gas Y
Water Municipal
Zoning R3P
Seller Property Info Statement N
Bathrooms
Pieces Level
4

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