Refine Search
Sort by
55 Saginaw Crescent, Ottawa
$899,990
7 Beds ⋅ 4 Baths ⋅ X14120890 MLS® #
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:5764)

55 Saginaw Crescent, Ottawa

Listing courtesy of DETAILS REALTY INC..

55 Saginaw Crescent, Ottawa
$899,990
7 Beds ⋅ 4 Baths ⋅ X14099814 MLS® #
Rarely offered and larger than it appears, this impressive multi-generational home is situated on a quiet, family-friendly crescent and boasts over 2,500 sq. ft. of adaptable living space. Currently configured as three self-contained suites, the property offers endless possibilities for investors, extended families, or owner-occupants looking to supplement their income. A unique blend of space, flexibility, and opportunity makes this an outstanding investment in today's market.The spacious main-level unit, approximately 1,500 sq. ft., features 3 bedrooms, 1.5 bathrooms, and is vacant, providing immediate occupancy or rental potential. The upper-level unit offers 2 bedrooms and 1 bathroom and is leased until April 2027. The lower-level unit features 2 bedrooms and 1 bathroom and is occupied by a month-to-month tenant.Enjoy your own backyard oasis complete with a fully fenced, gated in-ground pool, perfect for entertaining and family enjoyment. The property also offers convenient 3-lane parking (5 cars).Numerous recent upgrades have been completed, including a new furnace, tankless hot water system, and R60 attic insulation (March 2026), replacement of underground pipes, pool pumps/filter, decks/fences, along with many additional improvements throughout the home.Whether you're looking to maintain the existing income-producing setup or convert the property back into a spacious single-family residence, the possibilities are endless. Book your viewing today! (id:5764)

55 Saginaw Crescent, Ottawa

Listing courtesy of DETAILS REALTY INC..

How much is your home worth?

Get instant property value now!