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Lindenlea · K1M 1Y1
$1,225,000
MLS® #X13797412
All photos · 80
5
Bedrooms
3
Bathrooms
1500-2000
Square Feet
About this property
Exceptional Investment Opportunity - Turnkey Triplex + Studio in Prestigious New Edinburgh/Lindenlea. Strong income-producing asset with a 5.68% cap rate, gross income of $87,000, and NOI of $69,546, supporting approximately $1,250,000 in financing at current rates - a true money maker. Unit 1 - Leased ($1,850/month + hydro), Unit 2 -(vacant) Great for owner live-in (market rent $2,300/month), Unit 3 - Leased ($2,550/month + hydro), + Studio/workshop - Leased ($550/month incl. Hydro). Ideally located steps to Global Affairs, Beechwood Village, and scenic pathways along the Ottawa and Rideau Rivers. Walking distance to the ByWard Market and the Governor General's Residence & Global Affairs. This meticulously maintained all-brick (purpose-built) triplex plus a separate studio/workshop and a garage for storage is a turnkey investment. Apt #1 - features a renovated 1-bedroom unit with hardwood floors and a modern (2025) bathroom, Apt. # 2 main floor offers a bright 2-bedroom unit with refinished hardwood floors, renovated bath, large eat-in kitchen, and oversized deck with garden access, Apt. #3 - the second floor includes a 2-bedroom + den + solarium with hardwood throughout, updated kitchen and bathroom, and private laundry. The insulated studio/workshop with its own electrical panel is ideal for a music studio/ gym/ office. Additional features include an enclosed rear staircase, shared laundry (Units 1 & 2), gas-fired hot water heating, owned hot water tanks. Extensive upgrades include- Rebuilt rear stairs and Deck and Garage Renovation (2019), Professional painted throughout (2024) Foundation waterproofing (2015), Workshop/Garage Roof Replacement (2019), Main roof is(2014)and is modified bitumen ,Unit 1 Fully Renovated Bathroom (2025), Unit #2 Renovated Bathroom (2026), Upgraded- appliances, dishwashers, faucets. SEE LAST PHOTO (#50)FOR FULL FINANCIAL PROFILE OF PROPERTY.
General information
Building and mechanicals
Basement
Parking and garage
Lot and land
Interior features
Features
Exterior features
Pool
Taxes
Rooms
| Room | Level | Dimensions |
|---|---|---|
| Living Room | Main | 12' 2" × 15' 8" |
| Kitchen | Main | 13' × 11' 4" |
| Bedroom | Main | 11' 5" × 11' 3" |
| Bedroom | Main | 11' 4" × 11' 3" |
| Bathroom | Main | 4' 11" × 7' 4" |
| Living Room | Second | 12' 2" × 15' 9" |
| Kitchen | Second | 13' × 11' 5" |
| Bedroom | Second | 11' 3" × 11' 5" |
| Primary Bedroom | Second | 11' 5" × 11' 5" |
| Bathroom | Second | 4' 11" × 7' 4" |
| Den | Second | 6' × 7' 7" |
| Solarium | Second | 15' 8" × 7' 7" |
| Living Room | Lower | 11' 8" × 15' 3" |
| Kitchen | Lower | 12' 10" × 11' |
| Bedroom | Lower | 12' 10" × 10' 11" |
| Bathroom | Lower | 4' 11" × 7' 1" |
| Utility Room | Lower | 8' 8" × 11' |
| Workshop | Main | 14' 9" × 16' 8" |
Mortgage estimate
Estimated monthly payment
$5,173
Down payment: $245,000 · Loan: $980,000
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.
Virtual tour
View Virtual Tour →Listing record
Listing courtesy of: RE/MAX HALLMARK REALTY GROUP. Originating board: the A00001796.
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The information provided is for personal, non-commercial use and may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing. Last updated: Sep 25, 2026.
Measurements, dimensions, and other property details are provided by the listing brokerage and have not been independently verified. Information is deemed reliable but is not guaranteed and should be confirmed by the buyer and their representative.