We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
55 IVY CRESCENT, Ottawa
2026-09-18
Quick Summary
MLS®#X13797412
Property Description
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. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Public Transit
Building
- Amenities: Separate Electricity Meters
- Appliances: Garage door opener remote(s), Water Heater, Water meter, Blinds, Dishwasher, Dryer, Hood Fan, Stove, Washer, Window Air Conditioner, Refrigerator
- Basement Development: Finished
- Basement Type: Full (Finished)
- Cooling Type: Window air conditioner
- Exterior Finish: Brick
- Fireplace: No
- Interior Size: 1500 - 2000 sqft
- Building Type: Triplex
- Stories: 2
- Utility Water: Municipal water
Features
- Feature: Wooded area, Flat site, Paved yard, Carpet Free
Land
- Land Size: 35 x 100 FT
- Sewer: Sanitary sewer
Structure
- Structure: Deck, Workshop
Zoning
- Description: R3P
Information entered by RE/MAX HALLMARK REALTY GROUP
Listing information last updated on: 2026-09-25 21:23:18
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$500,000
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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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Sheila Forward-Davis REALTOR®
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- (613) 883-8098
- Mobile:
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- Email:
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- Support Area:
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Home is where the heart is... let's find your gem in Ottawa or around the world. Sheila knows ...
Full ProfileSergiu Buhatel Broker
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- Support Area:
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Sergiu has been a licensed Realtor® since 2012 and earned his Broker designation in 2015. He holds ...
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- Phone:
- 613-983-6258
- Email:
- info@nicehomesniceplaces.ca
- Support Area:
- Central Ottawa, Ottawa West, Kanata, Stittsville, Barrhaven, Bell Corners, Nepean, Riverside South, Gloucester, Blackburn Hamlet, Orleans, Rockland
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