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55 IVY CRES Ottawa, ON K1M 1Y1
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Key Details
Property Type Other Types
Sub Type Multifamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1403022
Year Built 1957
Annual Tax Amount $8,781
Tax Year 2024
Property Sub-Type Multifamily
Property Description
Great investment opportunity with full leases on all units! This triplex + studio features 2 two-bedroom apartments on the first and second floor plus a 1 one-bedroom apartment on the lower level. Purpose built the units offer hardwood floors throughout, upgraded kitchens, renovated bathrooms, each unit with access to an enclosed rear staircase & outdoor space for dining Al Fresco. Unit 1- one bedroom $1550.00/mth. until 08/30/2025 Unit 2 - two bedroom $1391.00/mth. + $328/mth. (studio/garage) mth.-mth., Unit 3 - two bedroom $1891.00 mth.-mth. All rents include heat + water/sewer. Tenants pay individual hydro, internet, cable. Tenants are also responsible for garden maintenance & snow removal. Updates - foundation waterproofing (2015), new flooring in units 1 and 2 (2018), hot water tanks replaced (2019) all owned, workshop/garage roof replaced (2019), and back exterior stairs restructured (2019). Studio - use to be a double garage - 1/2 now garage +1/2 studio. Tenants wish to remain.
Location
Province ON
Rooms
Basement Full
Interior
Heating Natural Gas
Flooring Ceramic, Hardwood, Vinyl
Exterior
Parking Features 1 Garage Detached, None
Roof Type Other (See Remarks)
Building
Dwelling Type Triplex
Story 2
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Brick
Listed by RE/MAX HALLMARK REALTY GROUP