55 Saginaw Crescent
Cityview - Parkwoods Hills - Rideau Shore, ON
- 7 bed
- 4 bath
- approx. 2000-2500 sqft
- Detached
Rarely offered and larger than it appears, this impressive multi-generational home is situated on a quiet, family-friendly crescent and boasts over 2,500 sq. ft. of adaptable living space. Currently configured as three self-contained suites, the property offers endless possibilities for investors, extended families, or owner-occupants looking to supplement their income. A unique blend of space, flexibility, and opportunity makes this an outstanding investment in today's market.The spacious main-level unit, approximately 1,500 sq. ft., features 3 bedrooms, 1.5 bathrooms, and is vacant, providing immediate occupancy or rental potential. The upper-level unit offers 2 bedrooms and 1 bathroom and is leased until April 2027. The lower-level unit features 2 bedrooms and 1 bathroom and is occupied by a month-to-month tenant.Enjoy your own backyard oasis complete with a fully fenced, gated in-ground pool, perfect for entertaining and family enjoyment. The property also offers convenient 3-lane parking (5 cars).Numerous recent upgrades have been completed, including a new furnace, tankless hot water system, and R60 attic insulation (March 2026), replacement of underground pipes, pool pumps/filter, decks/fences, along with many additional improvements throughout the home.Whether you're looking to maintain the existing income-producing setup or convert the property back into a spacious single-family residence, the possibilities are endless. Book your viewing today!
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Listing Details
- Taxes (2026)
- $6,793
- Originally Listed
- $999,000
- Listed
- October 20, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Age
- 51-99
- Construction
- Brick, Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Block, Concrete
- Interior
- Accessory Apartment, Auto Garage Door Remote, Floor Drain, In-Law Suite, On Demand Water Heater, Storage, Upgraded Insulation, Water Heater Owned
- Lot Size
- 65 x 100 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 1
- Total Parking
- 6
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Viewmount/Merivale
- Parcel Number
- 046640077
- Possession
- Immediate
- Occupancy
- Vacant
Included
- Inclusions
- Appliances (3 stoves, 3 fridges, 2 dishwasher, 2 washer, 2 dryer), pool equipments
- Exclusions
- Tenant belongings
- Rental Items
- None
Schools
Elementary
- École élémentaire publique Omer-Deslauriers0.2 km
French public · CÉP de l'Est de l'Ontario · 150 students
- Frank Ryan Catholic Intermediate School0.4 km
Catholic · Ottawa CSB · 480 students
- École élémentaire catholique Laurier-Carrière0.7 km
French Catholic · CSDC du Centre-Est de l'Ontario · 430 students
Grade 3 reading: 78% met the provincial standard · Grade 6 math: 60% met the provincial standard
Secondary
- École secondaire publique Omer-Deslauriers0.3 km
French public · CÉP de l'Est de l'Ontario · 325 students
Grade 10 literacy: 88% met the provincial standard
- Merivale High School0.9 km
Public · Ottawa-Carleton DSB · 1440 students
Grade 10 literacy: 96% met the provincial standard
- Elizabeth Wyn Wood Secondary Alternate1.5 km
Public · Ottawa-Carleton DSB · 255 students
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K2E
- Population
- 20,172
- Private dwellings
- 8,461
- Median age
- 40
- Average household size
- 2.4
- Median household income
- $89,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Cityview - Parkwoods Hills - Rideau Shore · last 12 months
- Median sold price
- $595,000
- Homes sold
- 161
- Median days on market
- 18
- Sale-to-list price
- 97.8%
Based on 161 recorded sales of residential freehold properties in Cityview - Parkwoods Hills - Rideau Shore over the last 12 months.
Listed by
DETAILS REALTY INC.
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Location
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Mortgage Calculator
$179,998
Estimated Monthly Payment
$4,421
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
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Mortgage: $4,421/mo (20% down, 5.5%)
Taxes: $566/mo · Insurance: $225/mo
Estimates only. Consult a financial advisor.
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