55 Saginaw Crescent, Cityview - Parkwoods Hills - Rideau Shore, ON K2E 6Y8

About this residence

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), 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.

Property details

Property type

Detached

Total rooms

13

Garage

Attached

Parking spaces

5

Annual taxes

$6,793 (2026)

Possession

Immediate

Directions

From Merivale: Turn East on viewmount, left to Saginaw Cres.

Location