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$999,000

55 Saginaw Cres

Ottawa, Ontario

55 Saginaw Cres photo 1
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Beds

7

Baths

4

Sqft

2,000

Type

Triplex

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!

Listing Details

MLS #
X14120890
Board
PROPTX
Market
ontario
Property Type
Triplex
Style
2-Storey
Year Built
51-99
Garage
Attached
Garage Spaces
1
Parking Spaces
6
Basement
Apartment, Finished
Heating
Forced Air
Cooling
Central Air
Pool
Inground
Lot Size
65 × 100 ft
Annual Taxes
$6,526/yr
Listed By
DETAILS REALTY INC.
Listed On
October 22, 2026

Features & Extras

Extras

Appliances (3 stoves, 3 fridges, 2 dishwasher, 2 washer, 2 dryer), pool equipments

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