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55 Saginaw Crescent

7202 - Borden Farm/Stewart Farm/Carleton Heights/Parkwood Hills / Cityview - Parkwoods Hills - Rideau Shore, ON K2E 6Y8

ActiveFor Sale
7 Beds
4 Baths
2,000 Sq Ft
Multi-Family
Virtual Tour Available

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!

Property Details

StatusActive
Property TypeMulti-Family
Listing TypeFor Sale
Interior Size2,000 sq ft
Bedrooms7
Bathrooms4
Taxes (2026)$6,526
Postal CodeK2E 6Y8
Last UpdatedOct 28, 2026 · 4:45 p.m.

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Features & Amenities

  • Pool
  • Fireplace
  • Air Conditioning
  • Basement

Buying or selling in Cityview - Parkwoods Hills - Rideau Shore?

Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.

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TRREB MLS® Attribution

MLS® X14120890

Listed by DETAILS REALTY INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$999,000

asking price

MLS®X14120890
TypeMulti-Family
CityCityview - Parkwoods Hills - Rideau Shore
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$4,878

/month · $799,200 mortgage

Down Payment20% — $199,800
Interest Rate5.5%

Amortization

Total Interest

$664,275

Total Cost

$1,463,475

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

DETAILS REALTY INC.