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55 IVY CRESCENT
3302 - Lindenlea Ottawa K1M 1Y1

$1,300,000
Multi-family beds: 5 baths: 3.0

Main Photo: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
Photo 1: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
Photo 2: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
Photo 3: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
Photo 4: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
Photo 5: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
Photo 6: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
Photo 7: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
Photo 8: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
Photo 9: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
Photo 10: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
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Photo 24: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
Photo 25: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
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Photo 41: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
Photo 42: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
Photo 43: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
Photo 44: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
Photo 45: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
Photo 46: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
Status:
Active
Prop. Type:
Multi-family
MLS® Num:
X12751336
Bedrooms:
5
Bathrooms:
3
Exceptional Investment Opportunity - Turnkey Triplex + Studio in Prestigious New Edinburgh/Lindenlea. Strong income-producing asset with a 5.4% cap rate, gross income of $88,800, and NOI of $70,856, supporting approximately $1,250,000 in financing at current rates - a true money maker. Unit 1 is leased at $1,850/month + hydro, Unit 2 (vacant) offers market rent of approximately $2,500/month, Unit 3 is rented at $2,500/month + hydro, and the studio/workshop generates $550/month, providing stable income with upside. Ideally located steps to Global Affairs, Beechwood Village, and scenic pathways along the Ottawa and Rideau Rivers, and within walking distance to the ByWard Market and the Governor General's Residence. This meticulously maintained all-brick purpose-built triplex plus separate studio/workshop within a double detached garage is a turnkey investment. The lower level features a renovated 1-bedroom unit with hardwood floors and a modern 2025 bathroom, the main floor offers a bright 2-bedroom unit with refinished hardwood, renovated bath, large eat-in kitchen, and oversized deck with garden access, while the second floor includes a 2-bedroom + den + solarium unit with hardwood throughout, updated kitchen and bath, and private laundry. The insulated studio/workshop with its own electrical panel is ideal for a gym, office, or added income. Additional features include an enclosed rear staircase, shared laundry (Units 1 & 2), gas-fired hot water heating, A/C in the basement unit, tandem multi-car driveway plus garage parking, and professional painting throughout. Extensive upgrades include foundation waterproofing, roof replacement, owned hot water tanks, rebuilt rear stairs and deck, upgraded appliances, added dishwashers, new faucets, renovated bathrooms, and refinished hardwood floors. SEE LAST PHOTO FOR FULL FINANCIAL PROFILE. (id:2493)
Property Type:
Multi-family
Property Attached:
Yes
Living Area (Min):
1,500 sq. ft.
Living Area (Max):
2,000 sq. ft.
Zoning:
R3P
Taxes:
$9,294 / -
Community:
3302 - Lindenlea
Features:
Separate Electricity Meters
Exterior Features:
Brick
Security Features:
Smoke Detectors
Structure Type:
Triplex
Utilities:
Sewer, Electricity, Cable
Appliances Included:
Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Hood Fan, Garage door opener remote(s), Water Heater
Bedrooms:
5
Bedrooms Above Grade:
5
Bathrooms:
3.0
Cooling:
Window air conditioner
Fireplace:
No
Foundation:
Concrete
# Storeys:
2.0
Water:
Municipal water
Sewer:
Sanitary sewer
Basement:
Finished, Full
Lot Frontage:
35'
Lot Details:
35 x 100 FT
Lot Features:
Wooded area, Paved yard, Carpet Free
Parking:
Detached Garage, Garage
Total Parking Spaces:
1
Floor
Type
Size
Other
Lower level
Living room
15'3" × 11'8"
-
Lower level
Kitchen
12'10" × 11'
-
Lower level
Bedroom
12'10" × 10'11"
-
Lower level
Utility room
11' × 8'8"
-
Main level
Living room
15'7¾" × 12'2"
-
Main level
Kitchen
13' × 11'4"
-
Main level
Bedroom
11'5" × 11'3"
-
Main level
Bedroom
11'4¼" × 11'3"
-
Second level
Mud room
7'6½" × 6'
-
Second level
Solarium
15'8" × 7'7"
-
Second level
Living room
15'9" × 12'2"
-
Second level
Kitchen
12'11½" × 11'5"
-
Second level
Bedroom
11'5" × 11'3"
-
Second level
Primary Bedroom
11'5" × 11'5"
-
Floor
Ensuite
Pieces
Other
Lower level
No
-
4'11½" x 7'1"
Main level
No
-
4'11" x 7'4"
Second level
No
-
4'11" x 7'4"
  • Photo 1: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Photo 1 of 46
  • Photo 2: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 1 - Entrance
  • Photo 3: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 1 - Living Room
  • Photo 4: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 1 - Living Room (Virtually stage)
  • Photo 5: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 1 - Living Room
  • Photo 6: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 1 - Kitchen
  • Photo 7: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 1 - Kitchen (Virtually stage)
  • Photo 8: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 1 - Bedroom
  • Photo 9: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 1 - Bedroom (Virtually stage)
  • Photo 10: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 1 - Bathroom
  • Photo 11: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 1 - Bathroom
  • Photo 12: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 2 - Entrance
  • Photo 13: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 2 - Living Room
  • Photo 14: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 2 - Living Room (Virtually stage)
  • Photo 15: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 2 - Living Room
  • Photo 16: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 2 - Kitchen / Eat-in Area
  • Photo 17: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 2 - Kitchen / Eat-in Area (virtually stage)
  • Photo 18: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 2 - Kitchen / Eat-in Area
  • Photo 19: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 2 -Bedroom l
  • Photo 20: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 2 -Bedroom l (Virtually staged)
  • Photo 21: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 2 - Bathroom
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    Unit # 2 - Bedroom ll
  • Photo 23: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 2 - Bedroom ll (virtually staged)
  • Photo 24: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 2 - Deck
  • Photo 25: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 2 - Deck
  • Photo 26: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 3 - Entrance
  • Photo 27: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 3 - Living Room
  • Photo 28: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 3 - Living Room (virtually staged)
  • Photo 29: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 3 - Kitchen
  • Photo 30: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 3 - Kitchen (virtually staged)
  • Photo 31: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 3 - Eat-In area
  • Photo 32: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 3 - Bedroom
  • Photo 33: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 3 - Bedroom
  • Photo 34: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 3 - Bathroom
  • Photo 35: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 3 - Den/Laundry
  • Photo 36: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Unit # 3 - Solarium
  • Photo 37: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Laundry
  • Photo 38: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Studio
  • Photo 39: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Studio (Virtually staged)
  • Photo 40: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Studio (Virtually staged)
  • Photo 41: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Studio (Virtually staged)
  • Photo 42: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Garage
  • Photo 43: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Studio
  • Photo 44: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Backyard
  • Photo 45: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Backyard
  • Photo 46: 55 IVY CRESCENT in Ottawa: Multi-family for sale : MLS®# X12751336
    Expenses

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Listed by RE/MAX HALLMARK REALTY GROUP
Data was last updated April 28, 2026 at 03:45 AM (UTC)
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