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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!
Fridge (3), Stove (3), Dishwasher (2), Microwave (1), Washer (3), Dryer (3), Natural Gas Furnace, (1), Electric Central AC (1), Bathroom mirrors. Any and all light fixtures.
City: Carleton Place
Neighborhood: Carleton Place
Purchase Price | $699900 |
Down Payment | $139980 |
Mortgage Insurance | $0 |
Total Mortgage | $559920 |
Mortgage Payment | $3450 |
Property Taxes | $299 |
Maintenance Fees | $0 |
Monthly Payment | $3749 |
Sold Comparables homes near 55 Lake Ave E, Carleton Place
Located at 55 Lake Ave E , this Carleton Place house is available for sale. This property was listed for $699,900 on Thu Mar 27 2025. It has 4 bedrooms and 3 bathrooms. The property includes the following rooms: Foyer, Living, Kitchen, Bathroom, Br, Living, Kitchen, Br, Bathroom, Living, Kitchen, Br, Br, Bathroom. This property comes with 4 parking spots. 55 Lake Ave E, Carleton Place is situated in the Carleton Place neighbourhood.
MLS#: X12038663 · $699,900 · 4 bedroom house in Carleton Place, Carleton Place