55 IVY CRESCENT

Key facts

• Property type: Multi-family
• Structure: Triplex
• Transaction: For Sale
• Price: class="container" id="details-container",300,000
• Bedrooms: 5
• Bathrooms: 3
• Lot size: 35 x 100 FT
• Parking: 1
• Listing key: 29316112

Listing overview

Exceptional Investment Opportunity - Turnkey Triplex + Studio in Prestigious New Edinburgh/Lindenlea. Strong income-producing asset with a 5.4% cap rate, gross income of $88,800, and NOI of $70,856, supporting approximately class="container" id="details-container",250,000 in financing at current rates - a true money maker. Unit 1 is leased at class="container" id="details-container",850/month + hydro, Unit 2 (vacant) offers market rent of approximately $2,500/month, Unit 3 is rented at $2,500/month + hydro, and the studio/workshop generates $550/month, providing stable income with upside. Ideally located steps to Global Affairs, Beechwood Village, and scenic pathways along the Ottawa and Rideau Rivers, and within walking distance to the ByWard Market and the Governor General's Residence. This meticulously maintained all-brick purpose-built triplex plus separate studio/workshop within a double detached garage is a turnkey investment. The lower level features a re...