| 613.829.1000
| 613.829.1000
Exceptional Investment Opportunity - Purpose-Built Triplex + Studio in Prestigious New Edinburgh/Lindenlea Rarely offered, this meticulously maintained all-brick purpose-built triplex plus separate studio/workshop (could be a great GYM) is part of a double detached garage offering room for expansion. Extremely low vacancy rate and a real money maker for the right investor. Truly turnkey property offering strong income, quality upgrades, and flexible owner-occupancy options. Property Overview - Unit 1 (Lower Level): 1 bedroom, leased at $1,850/month + hydro. Hardwood floors, spacious kitchen, and fully renovated modern bathroom (2025).Unit 2 (Main Floor - Vacant): 2 bedrooms, market rent $2,500/month. Refinished hardwood floors, renovated bathroom, large eat-in kitchen, oversized deck, and garden access. Unit 3 (Second Floor): 2 bedrooms + den and an atrium, rented at $2,500/month + hydro. Hardwood throughout, renovated kitchen and bath, private laundry. Studio/Workshop (Vacant): Insulated with separate electrical panel, market rent $500/month. Ideal for studio, office, or GYM or simply added income. Detached Garage with expansion potential. Additional Features Enclosed rear staircase, shared laundry (Units 1 & 2), gas-fired hot water heating, window A/C unit in basement apartment Multi-car driveway (tandem)plus garage parking, professionally painted throughout, and excellent long-term tenants in Units 1 & 3.Recent Upgrades - Foundation waterproofing, new flooring, owned hot water tanks, roof replacement, restructured rear stairs and deck, upgraded appliances, new faucets, dishwashers added, renovated bathrooms, and refinished hardwood floors. Location Steps to Global Affairs, Beechwood Village, leisure pathways along the Ottawa & Rideau rivers, and walking distance to the Byward Market and Governor General's Residence. A truly special property offering flexibility, character, and premium rental income. Full financials available on agent website.. (id:37351)
| MLS® Number | X12751336 |
| Property Type | Multi-family |
| Community Name | 3302 - Lindenlea |
| AmenitiesNearBy | Public Transit |
| EquipmentType | None |
| Features | Wooded Area, Paved Yard, Carpet Free, Atrium/sunroom |
| ParkingSpaceTotal | 1 |
| RentalEquipmentType | None |
| Structure | Deck, Workshop |
| BathroomTotal | 3 |
| BedroomsAboveGround | 5 |
| BedroomsTotal | 5 |
| Age | 51 To 99 Years |
| Amenities | Separate Electricity Meters |
| Appliances | Garage Door Opener Remote(s), Water Heater, Water Meter, Dishwasher, Dryer, Hood Fan, Stove, Two Washers, Refrigerator |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| CoolingType | Window Air Conditioner |
| ExteriorFinish | Brick |
| FireProtection | Smoke Detectors |
| FoundationType | Concrete |
| StoriesTotal | 2 |
| SizeInterior | 1,500 - 2,000 Ft2 |
| Type | Triplex |
| UtilityWater | Municipal Water |
| Detached Garage | |
| Garage |
| Acreage | No |
| LandAmenities | Public Transit |
| Sewer | Sanitary Sewer |
| SizeDepth | 100 Ft |
| SizeFrontage | 35 Ft |
| SizeIrregular | 35 X 100 Ft |
| SizeTotalText | 35 X 100 Ft |
| ZoningDescription | R3p |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Mud Room | 1.83 m | 2.3 m | 1.83 m x 2.3 m |
| Second Level | Living Room | 3.71 m | 4.81 m | 3.71 m x 4.81 m |
| Second Level | Kitchen | 3.95 m | 3.47 m | 3.95 m x 3.47 m |
| Second Level | Bedroom | 3.44 m | 3.48 m | 3.44 m x 3.48 m |
| Second Level | Primary Bedroom | 3.47 m | 3.48 m | 3.47 m x 3.48 m |
| Second Level | Bathroom | 1.5 m | 2.24 m | 1.5 m x 2.24 m |
| Lower Level | Living Room | 3.56 m | 4.65 m | 3.56 m x 4.65 m |
| Lower Level | Kitchen | 3.91 m | 3.35 m | 3.91 m x 3.35 m |
| Lower Level | Bedroom | 3.92 m | 3.33 m | 3.92 m x 3.33 m |
| Lower Level | Bathroom | 1.51 m | 2.16 m | 1.51 m x 2.16 m |
| Lower Level | Utility Room | 2.64 m | 3.36 m | 2.64 m x 3.36 m |
| Main Level | Living Room | 3.71 m | 4.77 m | 3.71 m x 4.77 m |
| Main Level | Kitchen | 3.96 m | 3.45 m | 3.96 m x 3.45 m |
| Main Level | Bedroom | 3.47 m | 3.44 m | 3.47 m x 3.44 m |
| Main Level | Bedroom | 3.46 m | 3.44 m | 3.46 m x 3.44 m |
| Main Level | Bathroom | 1.5 m | 2.24 m | 1.5 m x 2.24 m |
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29316112/55-ivy-crescent-ottawa-3302-lindenlea
Contact us for more information
Nancy Benson
Salesperson
(613) 236-5959
(613) 236-1515
www.hallmarkottawa.com/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
Phone Number
(613) 829-1000
Email Address
info@grapevine.ca
Mailing Address
P.O. box 65
Portland, ON
K0G 1V0
