Multi-unit
$1,225,000
55 Ivy Crescent
Lindenlea, Ottawa
- 5 bd
- 3 ba
- Triplex
1 / 24
$795,000
Lindenlea, Ottawa, ON K1M1Z1 · MLS® X14148902
Charming condo with private patio & two woodburning fireplaces!! Welcome to this delightful, well-situated condo offering warmth, character, and comfortable living. Enjoy nearby coffee shops, restaurants, a local bookstore, and a grocery store in trendy New Edinburgh. Filled with natural light from abundant windows and three skylights, this inviting home features 2 bedrooms plus a den, 2 full bathrooms, and a powder room. The living room boasts gorgeous built-in shelving surrounding a wood-burning fireplace, with access to a charming, professionally landscaped private patio - perfect for relaxing or entertaining. A second wood-burning fireplace adds warmth to the den, ideal for a home office or cozy retreat. Beautiful bamboo flooring enhances the main level, while oak flooring extends throughout the upper level and stairs. Retreat to the generously sized primary bedroom, your own inviting sanctuary, complete with a private ensuite for added comfort and convenience. The finished basement offers versatile additional living space, perfect for a family room or recreation area, plus a convenient cedar closet. Enjoy year-round comfort with central air conditioning and a new heat pump installed in 2024. This self-managed condominium has an annual fee of $5016.00, payable in two installments, or monthy at $418.00, that covers road maintenance, snow removal, landscaping, and common area insurance. Owners are responsible for building maintenance, including windows, roofing, and brickwork. A home full of charm and character, offering a private outdoor retreat, inviting living spaces, and convenient access to neighbourhood amenities, and excellent schools. Siding 2026, heat pump/hybrid gas system 2024, washing machine 2024. (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 Remax Boardwalk Realty.
Listing data provided by REALTOR.ca DDF® and owned by The Canadian Real Estate Association (CREA). Deemed reliable but not guaranteed.