55 Ivy Crescent, New Edinburgh - Lindenlea, ON K1M 1Y1
New Edinburgh - Lindenlea
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 $1,250,000 in financing at current rates - a true money maker. Unit 1 is leased at $1,850/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 renovated 1-bedroom unit with hardwood floors and a modern 2025 bathroom, the main floor offers a bright 2-bedroom unit with refinished hardwood, renovated bath, large eat-in kitchen, and oversized deck with garden access, while the second floor includes a 2-bedroom + den + solarium unit with hardwood throughout, updated kitchen and bath, and private laundry. The insulated studio/workshop with its own electrical panel is ideal for a gym, office, or added income. Additional features include an enclosed rear staircase, shared laundry (Units 1 & 2), gas-fired hot water heating, A/C in the basement unit, tandem multi-car driveway plus garage parking, and professional painting throughout. Extensive upgrades include foundation waterproofing, roof replacement, owned hot water tanks, rebuilt rear stairs and deck, upgraded appliances, added dishwashers, new faucets, renovated bathrooms, and refinished hardwood floors. SEE LAST PHOTO FOR FULL FINANCIAL PROFILE.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 55 Ivy Crescent, New Edinburgh - Lindenlea, ON K1M 1Y1
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MLS# X12751336
Listed by RE/MAX HALLMARK REALTY GROUP
On market since Feb 2, 2026
What comparable homes actually sold for in the last 12 months.
55 Ivy Crescent, New Edinburgh - Lindenlea, ON K1M 1Y1 is listed for $1,300,000 CAD.
55 Ivy Crescent, New Edinburgh - Lindenlea, ON K1M 1Y1 has 5 bedrooms and 3 bathrooms.
55 Ivy Crescent, New Edinburgh - Lindenlea, ON K1M 1Y1 is a Triplex.
55 Ivy Crescent, New Edinburgh - Lindenlea, ON K1M 1Y1 is in New Edinburgh - Lindenlea, Ontario.
55 Ivy Crescent, New Edinburgh - Lindenlea, ON K1M 1Y1 is currently for sale.
The annual property taxes on 55 Ivy Crescent, New Edinburgh - Lindenlea, ON K1M 1Y1 are approximately $9,294 CAD.
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 55 Ivy Crescent, New Edinburgh - Lindenlea, ON K1M 1Y1 (MLS# X12751336). You can also send a message through the contact form on this site.
