55 Ivy Crescent
New Edinburgh - Lindenlea
K1M 1Y1
$1,225,000
Residential Freehold
beds: 5
baths: 3.0
- Status:
- Active
- Prop. Type:
- Residential Freehold
- MLS® Num:
- X13797412
- Bedrooms:
- 5
- Bathrooms:
- 3
- Photos (48)
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Exceptional Investment Opportunity - Turnkey Triplex + Studio in Prestigious New Edinburgh/Lindenlea. Strong income-producing asset with a 5.68% cap rate, gross income of $87,000, and NOI of $69,546, supporting approximately $1,250,000 in financing at current rates - a true money maker. Unit 1 - Leased ($1,850/month + hydro), Unit 2 -(vacant) Great for owner live-in (market rent $2,300/month), Unit 3 - Leased ($2,550/month + hydro), + Studio/workshop - Leased ($550/month incl. Hydro). Ideally located steps to Global Affairs, Beechwood Village, and scenic pathways along the Ottawa and Rideau Rivers. Walking distance to the ByWard Market and the Governor General's Residence & Global Affairs. This meticulously maintained all-brick (purpose-built) triplex plus a separate studio/workshop and a garage for storage is a turnkey investment. Apt #1 - features a renovated 1-bedroom unit with hardwood floors and a modern (2025) bathroom, Apt. # 2 main floor offers a bright 2-bedroom unit with refinished hardwood floors, renovated bath, large eat-in kitchen, and oversized deck with garden access, Apt. #3 - the second floor includes a 2-bedroom + den + solarium with hardwood throughout, updated kitchen and bathroom, and private laundry. The insulated studio/workshop with its own electrical panel is ideal for a music studio/ gym/ office. Additional features include an enclosed rear staircase, shared laundry (Units 1 & 2), gas-fired hot water heating, owned hot water tanks. Extensive upgrades include- Rebuilt rear stairs and Deck and Garage Renovation (2019), Professional painted throughout (2024) Foundation waterproofing (2015), Workshop/Garage Roof Replacement (2019), Main roof is(2014)and is modified bitumen ,Unit 1 Fully Renovated Bathroom (2025), Unit #2 Renovated Bathroom (2026), Upgraded- appliances, dishwashers, faucets. SEE LAST PHOTO (#50)FOR FULL FINANCIAL PROFILE OF PROPERTY.
- Under Contract:
- None
- Property Type:
- Residential Freehold
- Property Sub Type:
- Triplex
- Home Style:
- 2-Storey
- Approx. Age:
- 51-99
- Total Approx Floor Area:
- 1500-2000
- Lot Depth:
- 100'
- Lot Frontage:
- 35'
- Lot Shape:
- Rectangular
- Topography:
- Flat, Wooded/Treed
- Direction Faces:
- North
- Bedrooms:
- 5
- Bathrooms:
- 3.0
- Water supply:
- Municipal
- Kitchens:
- 3
- Kitchens in Basement:
- 0
- Bedrooms Above Grade:
- 5
- Kitchens Above Grade:
- 3
- Rooms Above Grade:
- 13
- Rooms Below Grade:
- 5
- Fractional Ownership:
- No
- Zoning:
- R3P
- Assignment:
- No
- Heating type:
- Radiant
- Heating Fuel:
- Gas
- Foundation:
- Concrete
- Roof:
- Membrane
- Basement:
- Full, Finished
- Fireplace/Stove:
- No
- Garage:
- Detached
- Garage Spaces:
- 2.0
- Other Structures:
- Workshop, Additional Garage(s)
- Parking Features:
- Available
- Parking Spaces:
- 1
- Total Parking Spaces:
- 1.0
- Family Room:
- No
- Possession Details:
- TBA
- Pool:
- None
- HST Applicable To Sale Price:
- Included In
- Taxes:
- $9,680.58 / 2026
- Assessment:
- $- / -
- Ottawa
- New Edinburgh - Lindenlea
- 3302 - Lindenlea
- Wooded/Treed, Public Transit
- Auto Garage Door Remote, Carpet Free, Separate Hydro Meter, Storage, Water Heater Owned, Water Meter
- Deck, Paved Yard
- Carbon Monoxide Detectors, Smoke Detector
- Nil
- 3 Fridges, 3 Stoves, 3 Dishwashers, 3 Hood Fans, 2 Clothes Washers, 2 Clothes Dryers, 3 Hot Water Tanks, 3 x Window Air Conditioners, window blinds, all installed light fixtures.
- All items belonging to Tenants.
- None
- Brick
- No
- No
- Floor
- Type
- Size
- Other
- Main
- Living Room
- 15'7¾" × 12'2"
- Main
- Kitchen
- 13' × 11'4"
- Combined w/Dining
- Main
- Bedroom
- 11'5" × 11'3"
- Closet, Double Closet
- Main
- Bedroom
- 11'4¼" × 11'3"
- Double Closet
- Second
- Living Room
- 15'9" × 12'2"
- Second
- Kitchen
- 12'11½" × 11'5"
- Combined w/Dining
- Second
- Bedroom
- 11'5" × 11'3"
- Second
- Primary Bedroom
- 11'5" × 11'5"
- Double Closet
- Second
- Den
- 7'6½" × 6'
- Combined w/Laundry
- Second
- Solarium
- 15'8" × 7'7"
- Lower
- Living Room
- 15'3" × 11'8"
- Lower
- Kitchen
- 12'10" × 11'
- Combined w/Dining
- Lower
- Bedroom
- 12'10" × 10'11"
- Lower
- Utility Room
- 11' × 8'8"
- Combined w/Laundry
- Main
- Workshop
- 16'8" × 14'9"
- Floor
- Ensuite
- Pieces
- Other
- Main
- No
- 4
- 4'11" x 7'4" 4 Pc Bath
- Second
- No
- 4
- 4'11" x 7'4" 4 Pc Bath
- Lower
- No
- -
- 4'11½" x 7'1"
- UFFI:
- No
- Utilities Cable:
- Yes
- Utilities Telephone:
- Yes
- Utilities Gas:
- Yes
- Utilities Hydro:
- Yes
- Utilities Water:
- Yes
- Sewers:
- Yes
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- Window Unit(s)
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Physically Handicapped-Equipped:
- No
- Laundry Level:
- Lower Level
-
Front of Building -
Apt 1 Lower Level - Entrance
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Apt 1 Lower Level - Living Room
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Apt 1 Lower Level - Living Room (Virtually Staged)
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Apt 1 Lower Level - Living Room
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Apt 1 Lower Level - Living Room (Virtually Staged)
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Apt 1 Lower Level - Kitchen
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Apt 2 Main Level - Kitchen (Virtually Staged)
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Apt 1 Lower Level - Bedroom
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Apt 1 Lower Level - Bedroom (Virtually Staged)
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Apt 1 Lower Level - Bathroom
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Apt 1 Lower Level - Bathroom
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Apt 2 Main Level - Entrance
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Apt 2 Main Level - Living Room
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Apt 2 Main Level - Living Room (Virtually Staged)
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Apt 2 Main Level - Living Room
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Apt 2 Main Level - Living Room (Virtually Staged)
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Apt 2 Main Level - Kitchen
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Apt 2 Main Level - Kitchen (Virtually Staged)
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Apt 2 Main Level - Kitchen
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Apt 2 Main Level - Bedroom
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Apt 2 Main Level - Bedroom (Virtually Staged)
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Apt 2 Main Level - Bathroom
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Apt 2 Main Level - Primary Bedroom
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Apt 2 Main Level - Primary Bedroom (VS )
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Apt 2 Main Level - Primary Bedroom (VS )
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Apt 2 Main Level - Deck off Primary Bedroom
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Apt 2 Main Level - Deck off Primary Bedroom
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Apt 2 Main Level - Deck off Primary Bedroom
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Apt 3 - 2nd Level - Entrance
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Apt 3 - 2nd Level - Living Room
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Apt 3 - 2nd Level - Living Room (Virtually Staged)
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Apt 3 - 2nd Level - Living Room (Virtually Staged)
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Apt 3 - 2nd Level - Kitchen
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Apt 3 - 2nd Level - Kitchen (Virtually Staged)
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Apt 3 - 2nd Level - Bedroom l (Virtually Staged)
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Apt 3 - 2nd Level - Bedroom ll (Virtually Staged)
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Apt 3 - 2nd Level - Bathroom
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Apt 3 - 2nd Level - Den/laundry
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Apt 3 - 2nd Level - Solarium
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Studio (at rear of property)
-
Studio
-
Studio
-
Studio
-
Garage
-
Photo 46 of 48
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Photo 47 of 48
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FINANCIAL PROFILE
Listed by RE/MAX HALLMARK REALTY GROUP
Data was last updated September 20, 2026 at 04:15 AM (UTC)
- TRAVIS GORDON
- RE/MAX HALLMARK REALTY LTD.
- 1 (613) 8592254
- Contact by Email
700 Eagleson Rd #105
Kanata, ON, K2M 2G9