For sale

I don't have enough recent comparable sales to call this one's price, but new this week. Here's everything I've got on it — ask me anything.

Ottawa · Lindenlea

55 Ivy Crescent

Triplex

MLS® #X13797412

Listed for$1,225,0001 day on market

5 bed 3 bath 1 parking 1500-2000 sq ft~$700/sq ft

New this week
Listing states: renovated
Transit stop ~238.2 km

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Est. all-in monthly~$6,506/momortgage + property tax + maintenance · 20% down · example rate (compounded semi-annually) — the math on the list price, not a quote or what you can afford. For real rates, Alex can connect you with a mortgage pro.

On the map

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This home below comps above in lineOpen full map →

0 schools within ~1 km · nearest transit stop ~238.17 km

Property information

What house buyers ask first

Lot size: 35 × 100 ft
Square footage: 1500-2000 sq ft
Age: ~51-99 years old
Property tax: $9,681 / yr
Parking: 1 space · Detached
Basement: Full, Finished

Property summary

Property type: Triplex
Style: 2-Storey
Approx. age: 51-99 years
Lot size: 35 × 100 ft
Parking: 1 space · Detached
Heating: Radiant
Air conditioning: Window Unit(s)
Basement: Full, Finished
Kitchens: 3
Exterior: Brick
Property tax: $9,681 / yr
MLS®: X13797412

Room dimensions

KitchenCombined w/Dining

Main3.96 × 3.45 m

KitchenCombined w/Dining

Second3.95 × 3.47 m

KitchenCombined w/Dining

Lower3.91 × 3.35 m

Workshop

Main4.5 × 5.09 m

Bedroomcloset, double closet

Main3.47 × 3.44 m

DenCombined w/Laundry

Second1.83 × 2.3 m

Bathroom4 Pc Bath

Main1.5 × 2.24 m

Living Room

Lower3.56 × 4.65 m

Primary BedroomDouble Closet

Second3.47 × 3.48 m

Bathroom

Lower1.51 × 2.16 m

Bathroom4 Pc Bath

Second1.5 × 2.24 m

Living Room

Main3.71 × 4.77 m

Living Room

Second3.71 × 4.81 m

BedroomDouble Closet

Main3.46 × 3.44 m

Solarium

Second4.78 × 2.31 m

Utility RoomCombined w/Laundry

Lower2.64 × 3.36 m

Bedroom

Second3.44 × 3.48 m

Bedroom

Lower3.92 × 3.33 m

As stated by the MLS®, nothing inferred.

Nearby homes for sale

Below-comps first · all nearby homes shown, not just the good-value ones.

Condo Apartment

$329,000

Below recent sales

40 Landry Street, Unit 310

2 bed · 1 bath·800-899 sq ft·1 parking·$635/mo fee

Ottawa

Listed 3 days ago · Royal LePage Team Realty

Att/Row/Townhouse

$1,349,000

Above recent sales

164 Dufferin Road

3 bed · 3 bath·2000-2500 sq ft·2 parking

Ottawa

Listed 2 days ago · Royal LePage Team Realty

Listing states: renovated

Semi-Detached

$749,900

Above recent sales

72 Springfield Road

2 bed · 2 bath·1100-1500 sq ft·1 parking

Ottawa

Listed 1 day ago · Royal LePage Performance Realty

Condo Apartment

$405,000

Above recent sales

90 Landry Street, Unit 706

1 bed · 1 bath·600-699 sq ft·1 parking·$497/mo fee

Ottawa

Listed 3 days ago · Royal LePage Team Realty

Semi-Detached

$775,000

Above recent sales

66 Jolliet Avenue

2 bed · 3 bath·1100-1500 sq ft·1 parking

Ottawa

Listed 1 day ago · Engel & Volkers Ottawa

The numbers that matter

Property tax: $9,681/yr
Est. all-in: ~$6,506/mo

Nearby rental listings are facts. Whether it works as a rental is a chat with Alex — not a number I’ll put on it.

Schools

We list nearby schools as factual locations only. For this home, check the authoritative tools directly:

Browse schools near this home Nearby elementary & secondary schools, mapped Check provincial results — EQAO Official Ontario assessment results, searchable by school

Getting around

Public transit near this home, by straight-line distance. Factual locations from OpenStreetMap — not walking time, and not a rating.

Trent UniversityNearest transit · Bus stop~238.2 km

Locations: OpenStreetMap public-transit stops, © OpenStreetMap contributors · Open Database Licence (ODbL). Stop locations from OpenStreetMap — confirm current routes and service with the transit agency.

Community — Ottawa

$628KMedian sold

32Median days on market

98.2%Sale-to-list

Median sold price · Ottawa1-yr 0% · 3-yr -1%

Source: TRREB sold data via Repliers · all property types

Neighbourhood demographics — Ottawa

1,017,449Population (2021)

40Median age

$102,000Median household income

63.9%Home owners

36.1%Renters

2.5Avg household size

Source: Statistics Canada, 2021 Census

Description & details

Exceptional Investment Opportunity - Turnkey Triplex + Studio in Prestigious New Edinburgh/Lindenlea. Strong income-producing asset with a 5.68% cap rate, gross income of $87,000, and NOI of $69,546, supporting approximately $1,250,000 in financing at current rates - a true money maker. Unit 1 - Leased ($1,850/month + hydro), Unit 2 -(vacant) Great for owner live-in (market rent $2,300/month), Unit 3 - Leased ($2,550/month + hydro), + Studio/workshop - Leased ($550/month incl. Hydro). Ideally located steps to Global Affairs, Beechwood Village, and scenic pathways along the Ottawa and Rideau Rivers. Walking distance to the ByWard Market and the Governor General's Residence & Global Affairs. This meticulously maintained all-brick (purpose-built) triplex plus a separate studio/workshop and a garage for storage is a turnkey investment. Apt #1 - features a renovated 1-bedroom unit with hardwood floors and a modern (2025) bathroom, Apt. # 2 main floor offers a bright 2-bedroom unit with refinished hardwood floors, renovated bath, large eat-in kitchen, and oversized deck with garden access, Apt. #3 - the second floor includes a 2-bedroom + den + solarium with hardwood throughout, updated kitchen and bathroom, and private laundry. The insulated studio/workshop with its own electrical panel is ideal for a music studio/ gym/ office. Additional features include an enclosed rear staircase, shared laundry (Units 1 & 2), gas-fired hot water heating, owned hot water tanks. Extensive upgrades include- Rebuilt rear stairs and Deck and Garage Renovation (2019), Professional painted throughout (2024) Foundation waterproofing (2015), Workshop/Garage Roof Replacement (2019), Main roof is(2014)and is modified bitumen ,Unit 1 Fully Renovated Bathroom (2025), Unit #2 Renovated Bathroom (2026), Upgraded- appliances, dishwashers, faucets. SEE LAST PHOTO (#50)FOR FULL FINANCIAL PROFILE OF PROPERTY.

The data only goes so far — condition, light and layout are worth seeing in person, with a home inspection, before you commit.

Listed by RE/MAX HALLMARK REALTY GROUP. Showings via AskEmma by Alex Goodman, Sales Representative, RE/MAX Your Community Realty, Brokerage.