55 Ivy Crescent

New Edinburgh - Lindenlea K1M 1Y1

$1,300,000

About the Property

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 atrium, 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, and 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..

Extra info

Na

Property Details

Property Type:

Triplex

House Style:

2-Storey

Bathrooms:

3

Land Size:

35.00 x 100.00 FT

Parking Places:

1

Fireplace:

N

Heating Fuel:

Gas

Cross Street:

Beechwood to MacKay

Basement:

Full

Possession Date:

TBA

Annual Property Taxes:

$9,294.00

Status:

For Sale

Bedrooms:

5 + 5

Total Parking Spaces:

1

A/C Type:

Window Unit(s)

Garage Spaces:

2

Driveway:

Available

Heating Type:

Water

Pool Type:

None

Exterior:

Brick

Fronting On:

North

Front Footage:

35

Listing ID:

X12751336

Harpreet Rakhra

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    Room Details

    Levels

    Rooms

    Dimensions

    Features

    Main

    Living Room

    3.71m x 4.77m

    Kitchen

    3.96m x 3.45m

    Combined w/Dining

    Bedroom

    3.47m x 3.44m

    Closet Double Closet

    Bedroom

    3.46m x 3.44m

    Double Closet

    Bathroom

    1.50m x 2.24m

    4 Pc Bath

    Second

    Living Room

    3.71m x 4.81m

    Kitchen

    3.95m x 3.47m

    Combined w/Dining

    Bedroom

    3.44m x 3.48m

    Primary Bedroom

    3.47m x 3.48m

    Double Closet

    Bathroom

    1.50m x 2.24m

    4 Pc Bath

    Mud Room

    1.83m x 2.30m

    Combined w/Laundry

    Lower

    Living Room

    3.56m x 4.65m

    Kitchen

    3.91m x 3.35m

    Bedroom

    3.92m x 3.33m

    Bathroom

    1.51m x 2.16m

    Utility Room

    2.64m x 3.36m

    Combined w/Laundry

    Price History

    Date

    2nd February 2026

    Event

    Listed For Sale

    Price

    $1,300,000

    Time On Market

    14 hours

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