TriplexListed 5 days ago

55 Saginaw Cres, Cityview - Parkwoods Hills - Rideau Shore

Name: 55 Saginaw Crescent
SKU: X14120890
Price: 999000 CAD
Availability: InStock

Cityview - Parkwoods Hills - Rideau Shore, ON · · MLS® X14120890Updated October 27, 2026

$999,000Est. $4,908/mo mortgage

Bedrooms: 7
Bathrooms: 3
Living space: 2000–2500sq ft
Parking spaces: 6

Type Triplex
Garage Yes
Basement Apartment, Finished

What you should know

55 Saginaw Cres is a 7-bedroom, 3-bathroom triplex in Cityview - Parkwoods Hills - Rideau Shore, listed for $999,000. It has 2000-2500 sq ft of living space.

Rare Income Property with 3 Self-Contained Units, Strong Cash Flow Potential, Over 2,500 Sq.
Rarely offered turnkey investment opportunity on a quiet, family-friendly crescent.
Outside, tenants enjoy a fully fenced backyard featuring a gated in-ground pool, a highly desirable amenity that enhances rental appeal.

Ask Zara:

7 Bed, 3 Bath Triplex in Cityview - Parkwoods Hills - Rideau Shore

About 55 Saginaw Crescent

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!

7 bedrooms, 3 bathrooms, about 2,000 sq ft, works out to roughly $500 per square foot. Chat with Zara if you'd like a deeper read on whether this triplex fits your budget and timing.

Inside 55 Saginaw Cres

Every detail from the listing, in one place.

Type: Triplex
Style: 2-Storey
Living space: 2000-2500 sq ftas stated on the listing
Parking: 6 spacesYes garage
Basement: Apartment, Finished

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 6

Interior

Basement: Apartment · Finished

Exterior & construction

Pool: Yes

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: 2-Storey
Property class: Triplex

55 Saginaw Cres Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 22, 2026For saleListedThis listingMLS® X14120890$999,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 55 Saginaw Cres Compares to the Cityview - Parkwoods Hills - Rideau Shore Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Excellent Deal· based on 118 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Cityview - Parkwoods Hills - Rideau Shore market, last 90 days

Median sold price: $612,000
Average sold price: $635,513
Average days on market: 27
Homes sold: 71

Closed sales on the TRREB MLS®.

Living in Cityview - Parkwoods Hills - Rideau Shore: Location & Amenities

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Costs, Mortgage & Rental Return for 55 Saginaw Cres

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $4,908; 20% down · 25 years · 5.5% assumed
Property tax: $549; 0.66% mill rate · ON
Total per month: $5,457; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$4,908

/mo

based on the purchase price of $999,000

Down payment20%

$199,800 cash

Amortization25 yr

$799,200 financed

Rate5.50%

$673,136 total interest

Principal54%$799,200

Interest46%$673,136

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

For homeowners nearby

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Listing brokerage: DETAILS REALTY INC., BrokerageMLS® X14120890 · Listing data last updated October 27, 2026

Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.

Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

For sale· listed Oct 21· $500/sq ft

Estimated monthly mortgage$4,908/moMortgage only · 20% down · 5.5% assumed

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