Multi-unit
$1,225,000
55 Ivy Crescent
Lindenlea, Ottawa
- 5 bd
- 3 ba
- Triplex
1 / 24
$1,398,000
Lindenlea, Ottawa, ON K1M1Y1 · MLS® X13696326
A remarkable home, set on an exceptionally generous, beautifully landscaped property. Original stained glass and doors, graceful arches and graphite-stained maple hardwood bring warmth and architectural character to the main floor. Formal living and dining rooms flow to a spectacular gathering kitchen with quartz counters, gas range and enormous walk-in pantry, plus a private backyard-facing office. A generous separate main-floor suite offers a bedroom, family room, full bath, private entrance and roughed-in plumbing for a kitchenette/powder room. Upstairs, the primary features dual walk-ins, a luxurious ensuite and private balcony connecting to a larger deck overlooking the magnificent garden and large lot, plus two additional bedrooms and full bath. The lower level includes another full bath, laundry and storage, alongside a completely independent one-bedroom income suite with kitchen, living room, laundry, private entrance, driveway and garage. Detached double garage. Exceptional space, privacy and versatility in chic and highly coveted New Edinburgh/Lindenlea. (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 Team Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.