55 Ivy Cres, Ottawa, Ontario

Multi-Family for Sale in Ottawa

55 Ivy Cres, Ottawa, ON

  • CA$1,300,000
  • 5 BEDS
  • 3 BATHS
  • 3,500 sq.ft. Land

Multi-Family for Sale in Ottawa

55 Ivy Cres, Ottawa, ON

  • CA$1,300,000
  • 5 BEDS
  • 3 BATHS
  • 3,500 sq.ft. Land

Key Facts

  • MLS® #: X12751336
  • Property ID: SIRC3086531
  • Property Type: Residential, Triplex
  • Lot Size: 3,500 sq.ft.
  • Year Built: 51
  • Bedrooms: 5
  • Bathrooms: 3
  • Parking Spaces: 1
  • Listed By:
  • RE/MAX HALLMARK REALTY GROUP

Property Description

Exceptional Investment Opportunity - Purpose-Built Triplex + Studio in Prestigious New Edinburgh/Lindenlea Rarely offered, this meticulously maintained all-brick purpose-built triplex plus separate studio/workshop (could be a great GYM) is part of a double detached garage offering room for expansion. Extremely low vacancy rate and a real money maker for the right investor. Truly turnkey property offering strong income, quality upgrades, and flexible owner-occupancy options. Property Overview - Unit 1 (Lower Level): 1 bedroom, leased at $1,850/month + hydro. Hardwood floors, spacious kitchen, and fully renovated modern bathroom (2025).Unit 2 (Main Floor - Vacant): 2 bedrooms, market rent $2,500/month. Refinished hardwood floors, renovated bathroom, large eat-in kitchen, oversized deck, and garden access. Unit 3 (Second Floor): 2 bedrooms + den and an Solarium, rented at $2,500/month + hydro. Hardwood throughout, renovated kitchen and bath, private laundry. Studio/Workshop (Vacant): Insulated with separate electrical panel, market rent $500/month. Ideal for studio, office, or GYM or simply added income. Detached Garage with expansion potential. Additional Features Enclosed rear staircase, shared laundry (Units 1 & 2), gas-fired hot water heating, window A/C unit in basement apartment Multi-car driveway (tandem)plus garage parking, professionally painted throughout, and excellent long-term tenants in Units 1 & 3.Recent Upgrades - Foundation waterproofing, new flooring, owned hot water tanks, roof replacement, restructured rear stairs and deck, upgraded appliances, new faucets, dishwashers added, renovated bathrooms, and refinished hardwood floors. Location Steps to Global Affairs, Beechwood Village, leisure pathways along the Ottawa & Rideau rivers, walking distance to the Byward Market and Governor General's Residence. A truly special property offering flexibility, character, and premium rental income. Full financials available on agent website. 5.4% Cap. NOI $70,256

Downloads & Media

Rooms

  • TypeLevelDimensionsFlooring
  • Living roomMain15' 7.7" x 12' 2"Other
  • KitchenMain11' 3.8" x 12' 11.9"Other
  • BedroomMain11' 3.4" x 11' 4.6"Other
  • BedroomMain11' 3.4" x 11' 4.2"Other
  • BathroomMain7' 4.1" x 4' 11"Other
  • Living room2nd floor15' 9.3" x 12' 2"Other
  • Kitchen2nd floor11' 4.6" x 12' 11.5"Other
  • Bedroom2nd floor11' 5" x 11' 3.4"Other
  • Other2nd floor11' 5" x 11' 4.6"Other
  • Bathroom2nd floor7' 4.1" x 4' 11"Other
  • Mud Room2nd floor7' 6.5" x 6' 4.7"Other
  • Solarium/Sunroom2nd floor7' 6.9" x 15' 8.1"Other
  • Living roomLower15' 3" x 11' 8.1"Other
  • KitchenLower10' 11.8" x 12' 9.9"Other
  • BedroomLower10' 11.1" x 12' 10.3"Other
  • BathroomLower7' 10.3" x 4' 11.4"Other
  • UtilityLower11' 2.8" x 8' 7.9"Other

Listing Agents

RE/MAX HALLMARK REALTY GROUP

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Location

55 Ivy Cres, Ottawa, Ontario, K1M 1Y1 Canada

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