© 2026 HomeSix Realty Inc. All rights reserved.
MLS® X13797412
New Edinburgh - Lindenlea, Ottawa, ON
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.
Inclusions
3 Fridges, 3 Stoves, 3 Dishwashers, 3 Hood Fans, 2 Clothes Washers, 2 Clothes Dryers, 3 Hot Water Tanks, 3 x Window Air Conditioners, window blinds, all installed light fixtures.
Exclusions
All items belonging to Tenants.
Broker
RE/MAX HALLMARK REALTY GROUP
Own a home here? See what it could sell for.
Use this listing address as a starting point for a Home6 seller valuation.
Triplex
55 Ivy Crescent New Edinburgh - Lindenlea, Ottawa
New Edinburgh - Lindenlea
Built
51-99
Type
Triplex
Basement
Full, Finished
Parking
Detached (1)
Property Tax
~$9,681/yr
Heating
Radiant
Buying Essentials
Square Feet
1750 sqft
Facing Direction
North
Parking
Detached (1)
Finances
List Price
$1,225,000
Price per SQFT
$700/sqft
Property Tax
~$9,681/yr
Property Specs
Property Type
Triplex
MLS Size
1750 sqft
Age of Building
51-99
Basement
Full, Finished
Living & Amenities
Heating Type
Radiant
Features
Auto Garage Door Remote · Carpet Free · Separate Hydro Meter · Storage · Water Heater Owned · Water Meter
Policies & Utilities
Neighbourhood
New Edinburgh - Lindenlea
Listed On
Sep 17, 2026
Wooded/Treed
Public Transit
Days on Market
Current: 51 days
12.2 x 15.6
190 sqft
Combined w/Dining
13.0 x 11.3
147 sqft
Closet, Double Closet
11.4 x 11.3
128 sqft
Double Closet
11.4 x 11.3
128 sqft
4 Pc Bath
4.9 x 7.3
36 sqft
12.2 x 15.8
192 sqft
Combined w/Dining
13.0 x 11.4
148 sqft
11.3 x 11.4
129 sqft
Double Closet
11.4 x 11.4
130 sqft
4 Pc Bath
4.9 x 7.3
36 sqft
Combined w/Laundry
6.0 x 7.5
45 sqft
15.7 x 7.6
119 sqft
11.7 x 15.3
178 sqft
Combined w/Dining
12.8 x 11.0
141 sqft
12.9 x 10.9
141 sqft
5.0 x 7.1
35 sqft
Combined w/Laundry
8.7 x 11.0
95 sqft
14.8 x 16.7
247 sqft
Rooms
18
Listed Room Area
2,265 sqft
Source
Estimated from MLS room dimensions
Learn about the area and demographics around this address.
Schools closest to 55 Ivy Crescent New Edinburgh - Lindenlea, Ottawa.
Source: No verified source available.Catchment boundaries and ratings are shown only when available.
Active alternatives ranked by location, property type, price, bedrooms, size, bathrooms, and recency.
Recent sold or leased properties are shown separately from active alternatives.
Close to 55 Ivy Crescent New Edinburgh - Lindenlea, Ottawa.