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55 Ivy Crescent Ottawa, Ontario K1M 1Y1

Window Air Conditioner Hot Water Radiator Heat

$1,095,000

Great investment opportunity with full leases on all units! This triplex + studio features 2 two-bedroom apartments on the first and second floor plus a 1 one-bedroom apartment on the lower level. Purpose built the units offer hardwood floors throughout, upgraded kitchens, renovated bathrooms, each unit with access to an enclosed rear staircase & outdoor space for dining Al Fresco. Unit 1- one bedroom $1550.00/mth. until 08/30/2025 Unit 2 - two bedroom $1391.00/mth. + $328/mth. (studio/garage) mth.-mth., Unit 3 - two bedroom $1891.00 mth.-mth. All rents include heat + water/sewer. Tenants pay individual hydro, internet, cable. Tenants are also responsible for garden maintenance & snow removal. Updates - foundation waterproofing (2015), new flooring in units 1 and 2 (2018), hot water tanks replaced (2019) all owned, workshop/garage roof replaced (2019), and back exterior stairs restructured (2019). Studio - use to be a double garage - 1/2 now garage +1/2 studio. Tenants wish to remain. (id:28469)

Property Details

MLS® Number 1403022
Property Type Multi-family
Neigbourhood New Edinburgh/Lindenlea
AmenitiesNearBy Public Transit, Shopping, Water Nearby
Features Treed, Automatic Garage Door Opener
ParkingSpaceTotal 1
Structure Deck

Building

BasementDevelopment Finished
BasementType Full (finished)
ConstructedDate 1957
ConstructionMaterial Masonry
ConstructionStyleAttachment Attached
CoolingType Window Air Conditioner
ExteriorFinish Brick
FlooringType Hardwood, Vinyl, Ceramic
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Hot Water Radiator Heat
StoriesTotal 2
Type Triplex
UtilityWater Municipal Water

Parking

Detached Garage
None

Land

Acreage No
CurrentUse Development Residential
FenceType Fenced Yard
LandAmenities Public Transit, Shopping, Water Nearby
Sewer Municipal Sewage System
SizeDepth 100 Ft
SizeFrontage 35 Ft
SizeIrregular 35 Ft X 100 Ft
SizeTotalText 35 Ft X 100 Ft
ZoningDescription R3p