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    For Sale - 55 Saginaw Crescent, Cityview - Parkwoods Hills - Rideau Shore, Ontario

    Est payment $4,322/mo
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    Views   1
    Time on Jump  12 day

    AI Summary *

    • Three self-contained units offer flexible living arrangements or rental income potential.
    • Vacant three-bedroom main-floor unit allows for owner occupancy or new tenants.
    • Two occupied units provide established rental income, with tenants open to staying.
    • Recent upgrades include a new furnace, tankless water system, and updated pool equipment.
    • Fenced backyard with gated in-ground pool and parking for up to five vehicles.




    Rare income property with 3 self-contained units, strong cash flow potential, over 2,500 sq. Ft. Rarely offered turnkey investment opportunity on a quiet, family-friendly crescent. This exceptionally spacious property offers over 2,500 sq. Ft. Of living space and is currently configured as three self-contained units, making it an ideal addition to any real estate portfolio. The property features: main floor unit (vacant): approx. 1,500 sq. Ft., 3 bedrooms, 1. 5 bathrooms, providing immediate rental upside or the opportunity for owner occupancy while generating income from the other units. Upper unit: 2 bedrooms, 1 bathroom, leased at $1,800/month (utilities included) until april 2027. Lower unit: 2 bedrooms, rented at $1,990/month (utilities included) on a month-to-month basis. Excellent tenants who would be happy to remain. Investors will appreciate the extensive recent capital improvements, including a new furnace, tankless hot water system, and r60 attic insulation (2026), replacement of underground pipes, pool equipment upgrades, decks, fencing, and numerous additional updates that help reduce future maintenance costs. Outside, tenants enjoy a fully fenced backyard featuring a gated in-ground pool, a highly desirable amenity that enhances rental appeal. The property also offers 3-lane parking for up to 5 vehicles, adding further convenience and value. Whether maintaining the current multi-unit configuration for steady rental income, increasing rents over time, or converting back to a large single-family home, this property offers exceptional flexibility and long-term appreciation potential. Vacant main-floor unit allows immediate market rent positioning. A rare opportunity to acquire a well-maintained, income-generating asset with strong existing tenancy and significant upside potential. Book your private showing today!
    Listing IDX14120890
    Address55 Saginaw Crescent
    CityCityview - Parkwoods Hills - Rideau Shor…
    Price$899,990
    Bed / Bath7 / 4 Full
    Style2-Storey, Triplex
    ConstructionBrick, Vinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype TriplexIndoor Features Accessory Apartment, Auto Garage Door Remote, Floor Drain, In-Law Suite, On Demand Water Heater, Storage, Upgraded Insulation, Water Heater OwnedOwnership FreeholdBasement Apartment, Finished, Full, Separate EntranceFoundation Block, ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

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    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    55 Saginaw Crescent
    Cityview - Parkwoods Hills - Rideau Shore , Ontario
    7 4 $899,990
    Get more info