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
Details
X12751336
Detached/1
$1,300,000
Tenant
None
3 + 3
2-Storey
5
3
1500-2000 Sqft
3500 SquareFeet
51-99
Triplex
Sale
Additional details
Water / Gas
R3P
$9294
2025
PT LTS 35 & 36, PL 68 , AS IN N724810 ; OTTAWA/GLOUCESTER
N/A
N
3500
Full,Finished
Window Unit(s)
Deck,Paved Yard
Wooded/Treed,Public Transit
Municipal
Rooms
Living Room
Main Level
4.77 x 3.71
Kitchen
Main Level
3.45 x 3.96
Bedroom
Main Level
3.44 x 3.47
Bedroom
Main Level
3.44 x 3.46
Bathroom
Main Level
2.24 x 1.5
Living Room
Second Level
4.81 x 3.71
Kitchen
Second Level
3.47 x 3.95
Bedroom
Second Level
3.48 x 3.44
Primary Bedroom
Second Level
3.48 x 3.47
Bathroom
Second Level
2.24 x 1.5
Mud Room
Second Level
2.3 x 1.83
Living Room
Lower Level
4.65 x 3.56
Kitchen
Lower Level
3.35 x 3.91
Bedroom
Lower Level
3.33 x 3.92
Bathroom
Lower Level
2.16 x 1.51
Utility Room
Lower Level
3.36 x 2.64
Solarium
Second Level
2.31 x 4.78
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FAQ
What is the total square footage of the X12751336 - 55 Ivy Crescent, New Edinburgh - Lindenlea, ON K1M 1Y1?
The total square footage of this property is 1500-2000 SqFt.
What schools near to X12751336 - 55 Ivy Crescent, New Edinburgh - Lindenlea, ON K1M 1Y1?