
55 Saginaw Crescent, Ottawa, ON
Borden Farm/Stewart Farm/Carleton Heights/Parkwood Hills · K2E 6Y8 · MLS X14120890
$899,990
Pc · For sale

About this property
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!
Included: Appliances (3 stoves, 3 fridges, 2 dishwasher, 2 washer, 2 dryer), pool equipments
Property details
Style
2-Storey
Year built
51-99
Lot
65 x 100 Feet
Parking
6
Garage
Attached
Heating
Forced Air
Cooling
Central Air
Basement
Apartment, Finished, Full, Separate Entrance
Annual taxes
$6,526
Cross streets
Viewmount/Merivale
Listed
2026-10-22
Brokerage
DETAILS REALTY INC.
Location
Listing information is supplied by third-party brokerage and listing data sources. Status, price and details can change without notice, are believed reliable but are not guaranteed, and must be independently verified. Shown for personal, non-commercial use. Not intended to solicit properties already listed with another brokerage. Full disclosures.
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