45.4422° N · 75.6798° W — Lindenlea, Ottawa — MLS® #X13797412
55 Ivy Cres
$1,225,000
Lindenlea, Ottawa, Ontario K1M 1Y1
- 5
- BedroomsBeds
- 3
- BathroomsBaths
- 1500-2000 sqft1500-2000
- SizeSq ft
- 35 x 100 ft
- Lot sizeLot
Inquire about this listing
In short · from the listing record
55 Ivy Cres is a 5-bedroom, 3-bathroom triplex in Lindenlea, Ottawa, listed for sale at an asking price of $1,225,000 (MLS® X13797412).
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.
Listing readings
How it measures up
Scores from the listing record and the market around it.
83Good
Condition score
4 documented update signals
Listing age, structured features and disclosed update language; not an inspection.
23Shortfall
Cash flow quality
−$2,396/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Median of 25 homes with 5 bedrooms for lease in Ottawa right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The data table
Every fact
Everything the board publishes for this home.
- Tax
- $9,681 / 2026
- MLS® number
- X13797412
- Board
- TRREB MLS®
- Property Type
- Triplex
- Building Age
- 51-99
- Time on market
- Size
- 1500-2000 sqft
- Lot Size
- 35 x 100 ft
- Listed on
- Parking
- 2 Detached, 1 Parking
Listing history
Listing activity for 55 Ivy Cres, Ottawa, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,225,000 | N/A | For Sale | X13797412 |
Inside
Room by room
From the listing.
- Living4.77 × 3.71 m
- Kitchen3.45 × 3.96 mCombined W/Dining
- Br3.44 × 3.47 mCloset, Double Closet
- Br3.44 × 3.46 mDouble Closet
- Bathroom2.24 × 1.5 m4 Pc Bath
- Workshop5.09 × 4.5 m
- Living4.65 × 3.56 m
- Kitchen3.35 × 3.91 mCombined W/Dining
- Br3.33 × 3.92 m
- Bathroom2.16 × 1.51 m
- Utility3.36 × 2.64 mCombined W/Laundry
- Living4.81 × 3.71 m
- Kitchen3.47 × 3.95 mCombined W/Dining
- Br3.48 × 3.44 m
- Primary3.48 × 3.47 mDouble Closet
- Bathroom2.24 × 1.5 m4 Pc Bath
- Den2.3 × 1.83 mCombined W/Laundry
- Solarium2.31 × 4.78 m
Property
- Property Type
- Triplex
- Style
- 2-Storey
- Community
- Lindenlea
- Municipality
- Ottawa
Building
- Size
- 1500-2000 sqft
- Building Age
- 51-99
- Construction
- Brick
Inside
- Bedrooms
- 5
- Bathrooms
- 3
- Bathroom Details
- 1 × 4pc, 1 × 4pc, 1 × 4pc
- Basement Type
- Full
- Kitchens
- 3
Parking
- Driveway
- Available
- Garage Type
- Detached
- Garage
- 2
- Additional Parking
- 1
- Total Parking
- 1
Utilities
- Water
- Municipal
- Cooling
- Window Unit
- Heating Type
- Radiant
Land
- Sewer
- Sewers
- Frontage
- 35 ft
- Depth
- 100 ft
- Lot Size
- 35 x 100 ft
Where it sits
The street and the area
Asking prices on the map.
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Rideau | OC Transpo light rail: O-Train Line 1 | 2 km |
| uOttawa | OC Transpo light rail: O-Train Line 1 | 2.3 km |
| Parliament | OC Transpo light rail: O-Train Line 1 | 2.8 km |
| Lees | OC Transpo light rail: O-Train Line 1 | 3 km |
| Lycée Claudel | OC Transpo bus rapid transit: Transitway | 4.1 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: OC Transpo schedule data (GTFS) from the City of Ottawa under the Open Government Licence – City of Ottawa, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – City of Ottawa.
Site report
What the record says
What the City and the conservation authority have on file for this address.
- ca regulatedNone in rangeNot in Rideau Valley Conservation Authority’s mapped regulated area
- floodNone in rangeNot in the municipality’s mapped flood area
- provincial plansNone in rangeOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- wetlandNone in rangeNo mapped wetland within 120 m
- aggregateNone in rangeNo licensed pit or quarry within 2 km
- wellsNone in rangeNo recorded oil, gas or salt well within 250 m
- transitOn recordTransit stop within 400 m From the transit agency’s published stop map; the nearest is 230 m away. Routes and stops change; check the agency’s schedule.
- trailOn recordA trail on the Ontario trail network within 1 km
- airportOn recordNearest airport: 3.0 km
- water wellsNone in rangeNo water-supply well recorded within 250 m
- npriNone in rangeNo facility within 1 km reports pollutant releases to Environment Canada The nearest is Royal Canadian Mint — Ottawa, 1.9 km away. Only facilities above the inventory’s reporting thresholds are listed.
- fcsiOn record8 federal contaminated sites within 1 km 3 still active or suspected; the rest are closed. The federal inventory covers federal land only, not provincial or private sites.
- electricityOn recordElectricity is distributed here by Hydro Ottawa Limited
- internet speedOn recordWired internet 50/10 Mbps or faster is listed at a household 70 m away Fixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (70 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- broadbandOn recordAcross the surrounding area: fibre to the home, cable, DSL internet listed Fibre to the home: Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: OmniTEC Wireless, Rogers, Storm Internet, Xplore. Mobile: Bell, Rogers, Telus, Vidéotron. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Each record is the map at the home’s location, not an inspection. Confirm anything that matters with the municipality, Rideau Valley Conservation Authority or the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.
Lot
- Lot area
- 3,500 sq ft325 m²
- Street frontage
- 35 ft10.7 m
- Depth
- 100 ft30.5 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record, measured by GeoWarehouse.
Land transfer tax on this home
- Ontario land transfer tax
- $20,975
- Total land transfer tax
- $20,975
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $16,975
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,225,000
- $16,500
- Ontario total
- $20,975
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Schools
Nearest schools
Straight-line distances. Check catchments with the board.
ElementaryEQAO average 2024–25
- St Brigid Elementary SchoolOttawa Catholic School BoardCatholic · grades JK–6 · French Immersion60%Grade 6 average400 m
- École élémentaire publique Trille des BoisConseil des écoles publiques de l'Est de l'OntarioFrench-language public · grades JK–890%Grade 6 average750 m
- Rockcliffe Park Public SchoolOttawa-Carleton DSBPublic · grades JK–6 · French Immersion80%Grade 6 average900 m
- École élémentaire catholique Sainte-AnneConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades JK–887%Grade 6 average1.1 km
SecondaryGrade 9 math 2024–25
- École secondaire publique De La SalleConseil des écoles publiques de l'Est de l'OntarioFrench-language public · grades 9–1274%Grade 9 math900 m
- Lisgar Collegiate InstituteOttawa-Carleton DSBPublic · grades 9–12 · French Immersion73%Grade 9 math2.5 km
- Ottawa Technical Secondary SchoolOttawa-Carleton DSBPublic · grades 9–12 · French Immersion23%Grade 9 math3 km
- Immaculata High SchoolOttawa Catholic School BoardCatholic · grades 9–12 · French Immersion55%Grade 9 math3.5 km
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
Searches this home is in
Keep looking
The ledger
What it costs to own
Worked out for this home. Change any number.
A month, all in
$6,396
- Mortgage$5,589
- Property tax$807
A planning figure, not a quote.
Land transfer tax
$20,975
$16,975 for first-time buyers.
Rent, similar homes
$4,000
a month, median asking rent of 25 similar homes in Ottawa.
Community
Who lives around it
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Shemeer AhmadVALERY REAL ESTATE INC.
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