TRIPLEX Welcome to 55 Lake Avenue E! Discover this incredible investment opportunity in the ever-growing, family-friendly community of Carleton Place. This self-sufficient triplex boasts three spacious units with excellent layouts and in-suite laundry for added convenience. The property includes: Two 1-bedroom units, currently rented at $975/month and $1300/month. One 2-bedroom unit, currently rented at $1500/month. Together, these units generate an impressive $30,758 annual cash flow. The building features a private 4-car driveway and a large hedged yard, perfect for tenant enjoyment. Additionally, the property has a 100-amp electrical panel. Located in a prime area with easy access to Highway 417, this triplex is within close proximity to schools, parks, trails, the river, and all the amenities Carleton Place has to offer. Don't miss out on this exceptional opportunity to invest in one of the region's most desirable communities!
Address
55 Lake Avenue E
List Price
$699,900
Property Type
Residential Freehold
Type of Dwelling
Triplex
Style of Home
2-Storey
Area
Carleton Place
Sub-Area
909 - Carleton Place
County
Lanark
Bedrooms
4
Bathrooms
3
Lot Size Source
MPAC
Lot Size Units
Feet
Lot Width
95.5
MLS® Number
X12038663
Listing Brokerage
INNOVATION REALTY LTD.
Basement Area
Full, Unfinished
Postal Code
K7C 1K7
Parking
Lane, Private
Parking Places (Total)
4
Tax Amount
$3,582.00
Tax Year
2024
Exterior Features
Deck
Interior Features
None
Heat Source
Gas
Heat Type
Forced Air
Cooling
Central Air
Construction Materials
Vinyl Siding
Direction Faces
North
Foundation Details
Poured Concrete
Garage Type
Carport
Kitchens Total
3
Pool Features
None
Roof
Asphalt Shingle
Sewer
Sewer
