Multi-unit
$1,225,000
55 Ivy Crescent
Lindenlea, Ottawa
- 5 bd
- 3 ba
- Triplex
1 / 24
$499,000
Lindenlea, Ottawa, ON K1M1C5 · MLS® X13739404
Stylish and thoughtfully updated, this one bedroom, one bathroom condo offers a peaceful setting in the heart of Lindenlea. Large windows fill the space with natural light and provide beautiful views of the surrounding mature trees and greenery. The bright kitchen features quartz countertops and stainless steel appliances, while the spacious living and dining area is framed by three large windows. At the entrance, a custom built in bookshelf and Murphy bed combination adds both functionality and excellent storage. The renovated three piece bathroom features contemporary finishes and a spacious shower with a rain shower head. The bedroom offers generous closet space and a large window overlooking the tranquil surroundings. The unit also includes underground parking equipped for EV charging. A beautifully maintained and inviting condo in a well managed building, ideally located in one of Lindenlea's most desirable neighbourhoods. (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 Engel & Volkers Ottawa.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.