Room 1
Level not provided
55 Saginaw Cres
Borden Farm/Stewart Farm/Carleton Heights/Parkwood Hills, Ottawa, Ontario K2E 6Y8
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!
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X14120890
- Board
- TRREB MLS®
- Days on market
- Tax
- $6,526
- Size
- 2000-2500 sqft
- Lot
- 65 × 100 Feet
- Parking
- 1 Attached, 6 Parking
Listing History
Listing activity for 55 Saginaw Cres, Ottawa, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $899,990 | N/A | Pc | X14120890 |
Property Details
Property
- Property Type
- Triplex
- Style
- 2-Storey
- Community
- Borden Farm/Stewart Farm/Carleton Heights/Parkwood Hills
- Municipality
- Ottawa
Inside
- Bedrooms
- 7
- Bathrooms
- 4
- Bathroom Detail
- 1, 3pc, Ground
- Bathroom Detail
- 1, 3pc, 2nd
- Bathroom Detail
- 1, 3pc, Bsmt
- Bathroom Detail
- 1, 2pc, Ground
- Basement Type
- Apartment
- Kitchens
- 3
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Building
- Size
- 2000-2500 sqft
- Construction
- Brick
Parking
- Garage Type
- Attached
- Garage
- 1
- Add. Parking
- 5
- Total Parking
- 6
Land
- Sewer
- Sewers
- Lot Size
- 65 × 100 Feet
- Lot Size Code
- Feet
Additional
- Year built
- 51-99
- Foundation
- Block, Concrete
- Roof
- Asphalt Shingle
- Fireplace
- Y
- Pool
- Inground
- Den
- Y
- Family room
- Y
- Extras
- Appliances (3 stoves, 3 fridges, 2 dishwasher, 2 washer, 2 dryer), pool equipments
Rooms (12)
Room 2
Level not provided
Room 3
Level not provided
Room 4
Level not provided
Room 5
Level not provided
Room 6
Level not provided
Room 7
Level not provided
Room 8
Level not provided
Room 9
Level not provided
Room 10
Level not provided
Room 11
Level not provided
Room 12
Level not provided
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
16 records read 8 on record nearby 8 checked, none on recordRead 2026-11-03
Water and conservation
- Not in Rideau Valley Conservation Authority’s mapped regulated area
- Not in the municipality’s mapped flood area
- No mapped wetland within 120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water.
Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 2.6 km
Province of Ontario open data
Around the home
- Nearest rail line: 940 m
- Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 170 m away. Routes and stops change; check the agency’s schedule.
- A trail on the Ontario trail network within 1 km
Province of Ontario open data · Municipal transit open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Shell Canada Products — Ottawa Terminal, 1.2 km away. Only facilities above the inventory’s reporting thresholds are listed.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by Hydro Ottawa Limited
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (10 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, OmniTEC Wireless, PioneerWireless, Rogers, Storm Internet. Mobile: Bell, Rogers, Telus, Vidéotron. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$4,126
- Down payment$179,998
- Mortgage amount$719,992
- Total interest$517,808
- Total cost$1,417,798
Cash flow analysis
$4,126
Total monthly payment
$4,670
Break-even down payment
100%
Cash flow-$4,670
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
$899,990
$899,990
CAD
Estimate unavailable
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