Multi-unit
$1,225,000
55 Ivy Crescent
Lindenlea, Ottawa
- 5 bd
- 3 ba
- Triplex
1 / 24
$1,495,000
Lindenlea, Ottawa, ON K1M1G1 · MLS® X13117404
Newer, custom-built and fully tenanted duplex in Lindenlea. Architect is Barry Hobin and interior was designed by Tanner Vine. 3 bedroom, 3 bath main/2nd floor unit rented for $4950/month, on a lease until April 2027. 1 bedroom lower unit rented for $1799/month, on a lease until December 2026. Main floor features 10 foot ceilings, hardwood floors, potlights, living room with gas fireplace & stunning kitchen boasting a walk-in pantry, large quartz island, and gas stove. Upstairs is the primary suite with double closets & luxury 5pce ensuite with double sinks, soaker tub & large glass shower. 2 more bedrooms, full bathroom and convenient laundry room with sink. The basement unit has a private entrance around back. It features an open concept living/dining/kitchen, 1 bedroom, 1 bath and it's own laundry. Detached garage at rear, wired for electric car charger + 1 outdoor parking. Seperate hydro meters. Don't miss this investment opportunity! Not available to occupy until April 2027 when tenant's lease ends. (id:65933)
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Estimate only, not financial advice. Rent is reduced by vacancy, then management is taken on the rent collected; net operating income = that, less property tax and other costs; cap rate = net operating income ÷ price; cash flow also subtracts the mortgage (semi-annual compounding, as Canadian mortgages use). Vacancy default: CMHC Rental Market Report, Ottawa, October 2025.
Listed by Royal Lepage Performance Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.