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55 IVY CRESCENT

Ottawa, Ontario K1M1Y1

$1,075,000 for sale



MLS®:
X12010715
Contract Days:
45
Community:
Ownership:
Property Type:
R3P Triplex
Total Size:
35 x 100 FT
Built Date:
Parking:
1
Bedrooms:
5+
Bathrooms:
3
Interior Features

Construction Style:
Total Stories:
2
Total Bedrooms:
5
Bedrooms Above Ground:
5
Bedrooms Below Ground:
Total Bathrooms:
3
Whole Bathrooms:
3
Half Bathrooms:
Basement Type:
Full (Finished)
Basement Development:
Finished
Appliances:
Garage door opener remote(s), Water Heater, Water meter, Dishwasher, Dryer, Garage door opener, Hood Fan, Stove, Two Washers, Refrigerator
Exterior Features

Built Date:
Exterior Finish:
Brick
Foundation Type:
Concrete
Utitilies

Heating Type:
Hot water radiator heat
Heating Fuel:
Natural gas
Cooling Type:
Window air conditioner
Utility Water:
Municipal water
Sewer:
Sanitary sewer
Total Fireplaces:
Type
Level
Size
Bathroom
Main level
1.5 m x 2.24 m
Bedroom
Main level
3.46 m x 3.44 m
Bedroom
Main level
3.47 m x 3.44 m
Kitchen
Main level
3.96 m x 3.45 m
Living room
Main level
3.71 m x 4.77 m
Utility room
Lower level
2.64 m x 3.36 m
Bathroom
Lower level
1.51 m x 2.16 m
Bedroom
Lower level
3.92 m x 3.33 m
Kitchen
Lower level
3.91 m x 3.35 m
Living room
Lower level
3.56 m x 4.65 m
Bathroom
Second level
1.5 m x 2.24 m
Primary Bedroom
Second level
3.47 m x 3.48 m
Bedroom
Second level
3.44 m x 3.48 m
Kitchen
Second level
3.95 m x 3.47 m
Living room
Second level
3.71 m x 4.81 m
Mud room
Second level
1.83 m x 2.3 m

Note

Fantastic Investment Opportunity Triplex + Studio! This purpose-built property features two spacious two-bedroom apartments on the first and second floors, plus a one-bedroom unit on the lower level. The rental income includes: Unit 1 (one-bedroom) at $1,550/month until August 30, 2025, Unit 2 (two-bedroom) at $1,391/month + $328/month (studio/garage) on a month-to-month basis, and Unit 3 (two-bedroom) currently vacant and available for immediate possession at $2,500/month (market rent). Each unit boasts hardwood floors, upgraded kitchens, and renovated bathrooms, with access to an enclosed rear staircase and private outdoor space for dining al fresco. Recent updates include new dishwashers in Units 1 & 2, a replaced kitchen faucet in Unit 1, foundation waterproofing (2015), new flooring in Units 1 & 2 (2018), owned hot water tanks (2019), workshop/garage roof replacement (2019), and restructured back exterior stairs (2019). The studio space was formerly a double garage, now split into half garage, half studio. Tenants pay for hydro, internet, and cable and are responsible for garden maintenance and snow removal, while rents include heat and water/sewer. SEE LAST PHOTO FOR FULL FINANCIAL PROFILE. An exceptional income-generating opportunity don't miss out! (id:19004)

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