55 SAGINAW CRESCENT
Ottawa, Ontario
MLS® X14120890
$999,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X14120890
- Bedrooms
- 7
- Bathrooms
- 4
- Year built
- —
Listing description
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!
Property summary
- MLS® number
- X14120890
- Property type
- Multi-family
- Building type
- Triplex
- Land size
- 65 x 100 FT
- Annual property taxes
- $6,526.00
- Parking
- 6 spaces · Attached Garage, Garage
- Days on market
- 4 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Finished, Full, Apartment in basement, Separate entrance, N/A, N/A, N/A
- Appliances
- Refrigerator, Dishwasher, Stove, Dryer, Two Washers, Garage door opener remote(s), Water Heater - Tankless, Water Heater
- Exterior features
- Brick, Vinyl siding
- Lot features
- In-Law Suite
- Pool
- Inground pool
What would this home cost you?
Based on the $999,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of DETAILS REALTY INC., OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.