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55 SAGINAW CRESCENT

Ottawa, Ontario K2E6Y8

$999,000 for sale



MLS®:
X14120890
Contract Days:
6
Community:
Ownership:
Property Type:
Triplex
Total Size:
65 x 100 FT
Built Date:
Parking:
6
Bedrooms:
7+
Bathrooms:
4
Interior Features

Construction Style:
Total Stories:
2
Total Bedrooms:
7
Bedrooms Above Ground:
7
Bedrooms Below Ground:
Total Bathrooms:
4
Whole Bathrooms:
3
Half Bathrooms:
1
Basement Type:
N/A, N/A (Finished), Full, N/A
Basement Development:
Finished
Appliances:
Garage door opener remote(s), Water Heater - Tankless, Water Heater, Dishwasher, Dryer, Stove, Two Washers, Refrigerator
Exterior Features

Built Date:
Exterior Finish:
Brick, Vinyl siding
Foundation Type:
Block, Concrete
Utitilies

Heating Type:
Forced air
Heating Fuel:
Natural gas
Cooling Type:
Central air conditioning
Utility Water:
Municipal water
Sewer:
Sanitary sewer
Total Fireplaces:
1
Type
Level
Size

Note

Rare Income Property with 3 Self-Contained Units, Strong Cash Flow Potential, Over 2,500 Sq. Ft. Rarely offered turnkey investment opportunity on a quiet, family-friendly crescent. This exceptionally spacious property offers over 2,500 sq. ft. of living space and is currently configured as three self-contained units, making it an ideal addition to any real estate portfolio.The property features: Main Floor Unit (Vacant): Approx. 1,500 sq. ft., 3 bedrooms, 1.5 bathrooms, providing immediate rental upside or the opportunity for owner occupancy while generating income from the other units. Upper Unit: 2 bedrooms, 1 bathroom, leased at $1,800/month (utilities included) until April 2027. Lower Unit: 2 bedrooms, 1 bathroom, rented at $1,990/month (utilities included) on a month-to-month basis. Excellent tenants who would be happy to remain. Investors will appreciate the extensive recent capital improvements, including a new furnace, tankless hot water system, and R60 attic insulation (2026), replacement of underground pipes, pool equipment upgrades, decks, fencing, and numerous additional updates that help reduce future maintenance costs. Outside, tenants enjoy a fully fenced backyard featuring a gated in-ground pool, a highly desirable amenity that enhances rental appeal. The property also offers 3-lane parking for up to 5 vehicles, adding further convenience and value. Whether maintaining the current multi-unit configuration for steady rental income, increasing rents over time, or converting back to a large single-family home, this property offers exceptional flexibility and long-term appreciation potential. Vacant main-floor unit allows immediate market rent positioning. A rare opportunity to acquire a well-maintained, income-generating asset with strong existing tenancy and significant upside potential. Book your private showing today! (id:19004)

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