55 Ivy Crescent, New Edinburgh - Lindenlea, ON K1M 1Y1
3302 - Lindenlea, New Edinburgh - Lindenlea · Near Beechwood to MacKay · View map
About this home
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 home
- Type
- Triplex
- Style
- 2-Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 5
- Bathrooms
- 3
- Kitchens
- 3
- Rooms
- 13
- Basement
- Full, Finished
- Lot size
- 35 x 100 ft
- Faces
- North
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Carbon Monoxide Detectors, Smoke Detector
- Exterior
- Brick
Heating & cooling
- Heating fuel
- Gas
- Heating type
- Radiant
- Air conditioning
- Window Unit(s)
- Fireplace
- No
Garage & parking
- Garage
- Detached
- Garage spaces
- 2
- Driveway spaces
- 1
- Total parking
- 1
- Parking features
- Available
Taxes & other
- Property taxes
- $9,681/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- TBA
- Cross street
- Beechwood to MacKay
- Neighbourhood
- 3302 - Lindenlea
More
- Price per sq ft
- ~$700 (at 1,750 sq ft)
- MLS® number
- X13797412
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The home and its surroundings
- Auto Garage Door Remote
- Carpet Free
- Separate Hydro Meter
- Storage
- Water Heater Owned
- Water Meter
- Wooded/Treed
- Public Transit
- Deck
- Paved Yard
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
55 Ivy Crescent, New Edinburgh - Lindenlea, ON K1M 1Y1
3302 - Lindenlea, New Edinburgh - Lindenlea · Near Beechwood to MacKay
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Listing history for 55 Ivy Crescent
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 55 Ivy Crescent
Answers come straight from this home’s MLS® listing.
How much is 55 Ivy Crescent listed for, and what would it cost each month?
55 Ivy Crescent is listed for $1,225,000. With 20% down ($245,000), the mortgage payment would be roughly $4,941 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,748 a month, all in. That figure is an illustration, not a quote.
Is 55 Ivy Crescent freehold or a condo, and is there a monthly fee?
55 Ivy Crescent is a triplex in 3302 - Lindenlea, New Edinburgh - Lindenlea. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 55 Ivy Crescent have?
55 Ivy Crescent has 5 bedrooms and 3 bathrooms. The listing gives the style as 2-storey.
Does 55 Ivy Crescent have a garage and parking?
Yes. The listing shows the garage as detached, with room for 2 cars. The driveway adds 1 space. In total the listing counts 1 parking space.
Does 55 Ivy Crescent have a finished basement?
The listing describes the basement as full, finished. Finished basement space is usually not counted in the square footage shown.
What style of home is 55 Ivy Crescent?
55 Ivy Crescent is a triplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 55 Ivy Crescent, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 35 x 100 ft.
How is 55 Ivy Crescent heated and cooled?
Heating is radiant (gas). Cooling is window unit(s).
What are the property taxes for 55 Ivy Crescent?
Property taxes are $9,681 a year (2026), or about $807 a month.
Where is 55 Ivy Crescent?
55 Ivy Crescent is in the 3302 - Lindenlea community of New Edinburgh - Lindenlea. The nearest main intersection is Beechwood to MacKay. The postal code is K1M 1Y1.
Is 55 Ivy Crescent still for sale?
Yes. It is an active listing (MLS® X13797412). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 55 Ivy Crescent asking?
Similar properties for sale nearby right now include 31 Commanda Way at $1,495,000 (3+1 bed), 96 Putman Avenue at $1,069,900 (4+2 bed) and 111 Ivy Crescent at $1,398,000 (4+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 55 Ivy Crescent sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 55 Ivy Crescent?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 3302 - Lindenlea, picked by style, size and price.
Duplex$1,495,00031 Commanda Way, New Edinburgh - Lindenlea3+1 bed · 4 bath · 3302 - LindenleaCourtesy of: ROYAL LEPAGE PERFORMANCE REALTYView home →
Detached home$1,069,90096 Putman Avenue, New Edinburgh - Lindenlea4+2 bed · 3 bath · 3302 - LindenleaCourtesy of: ROYAL LEPAGE TEAM REALTYView home →
Detached home$1,398,000111 Ivy Crescent, New Edinburgh - Lindenlea4+1 bed · 5 bath · 3302 - LindenleaCourtesy of: ROYAL LEPAGE TEAM REALTYView home →Courtesy of: RE/MAX HALLMARK REALTY GROUP
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.