More Photos More Photos

Apt 1 Lower Level - Living Room (Virtually Staged)

Apt 2 Main Level - Kitchen (Virtually Staged)

Apt 1 Lower Level - Bedroom (Virtually Staged)

Lower Level - Laundry (for the used for Unit 1&2)

Apt 2 Main Level - Living Room (Virtually Staged)

Apt 2 Main Level - Bedroom (Virtually Staged)

Apt 2 Main Level - Primary Bedroom (VS )

Apt 2 Main Level - Deck off Primary Bedroom

Apt 3 - 2nd Level - Living Room (Virtually Staged)

Apt 3 - 2nd Level - Kitchen (Virtually Staged)

Apt 3 - 2nd Level - Bedroom l (Virtually Staged)

Apt 3 - 2nd Level - Bedroom ll (Virtually Staged)

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For Sale - 55 Ivy Crescent, New Edinburgh - Lindenlea, Ontario

55 Ivy Crescent

New Edinburgh - Lindenlea , Ontario

5 3 $1,225,000

Est payment $5,882/mo

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Time on Jump 37 day

AI Summary *

Turnkey triplex with solid income potential and strong cap rate of 5.68%.
Two leased units and one vacant unit perfect for owner occupancy.
Located in a prestigious area near parks, shops, and public transport.
Well-maintained property with various upgrades and modern features.
Includes a studio/workshop space, ideal for personal use or additional rental income.

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Purchase Price

Term

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Down Payment:
$ 61,250 ( 5% )

First Time Buyer:
Yes No

New Build:
Yes No

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.

Listing IDX13797412

Address55 Ivy Crescent

CityNew Edinburgh - Lindenlea, Ontario

Price$1,225,000

Bed / Bath5 / 3 Full

Style2-Storey, Triplex

ConstructionBrick

Land Size3500

TypeMulti-Family

StatusFor Sale

Extras

Subtype TriplexIndoor Features Auto Garage Door Remote, Carpet Free, Separate Hydro Meter, Storage, Water Heater Owned, Water MeterOutdoor Features Deck, Paved YardAmenities Wooded/Treed, Public TransitOwnership FreeholdBasement Full, FinishedFoundation ConcreteHeating / Cooling RadiantHeating Fuel GasSewer Sewer

Market Info

Parking 1.00

Listing Brokerage: RE/MAX HALLMARK REALTY GROUP

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Listing Brokerage: RE/MAX HALLMARK REALTY GROUP

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For Sale - 55 Ivy Crescent, New Edinburgh - Lindenlea, Ontario

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