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1415 Larose Avenue Image 1

$1,150,000

Mar 19Triplex For Sale
bedrooms7bed
washrooms5bath
MLS - #X12028664

1415 Larose Avenue, Carlington - Central Park, ON K1Z 7X6

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Average Price
115000000.0%
Higher than average

Price Comparison

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Property Description

Property type

Triplex

Lot size

N/A

Style

3-Storey

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Dining Room3.98 x 3.35 mN/AThird
Living Room5.35 x 4.9 mN/ASecond
Living Room5.35 x 4.9 mN/AThird
Kitchen4.87 x 2.99 mN/ASecond

About 1415 Larose Avenue

Turnkey Triplex in Carlington A True Cash Cow!An exceptional investment opportunity in the thriving Carlington area! This fully occupied triplex generates a gross income of $70,428 with extraordinary, fully vetted tenants and is professionally managed for a hassle-free experience. With market rent potential exceeding $75,000, theres plenty of room for income growth.This property is in a prime location, close to the Civic Hospital and some of the best high schools in Ottawa. It is fully occupied with responsible tenants, offering a secure and stable income stream. The leasing structure is flexible, with the lower unit on a month-to-month lease starting June 1st, the mid-unit also on a month-to-month lease, and the upper unit on a brand-new lease.Financials are strong, ensuring positive cash flow from day one. The gross income is $70,428, while expenses include heat at $2,161, hydro at $2,054, water at $2,673, and insurance at $3,494. With low operating costs and rental upside, this property is a rock-solid addition to any portfolio.Whether you're an investor looking for strong cash flow, Move in-and-cover-your expenses, or someone seeking a well-maintained, easy-to-manage property, this triplex checks all the boxes.Contact us today to schedule a private showing!

Home Overview

Last updated

May 1

Virtual tour

None

Basement information

Finished with Walk-Out, Apartment

Building size

--

Status

In-Active

Property sub type

Triplex

Maintenance fee

$N/A

Year built

2024

Listed by TRU REALTY

Additional Details

Basement:Finished with Walk-Out, Apartment
Cooling:Central Air
Heating:Forced Air
Parking Features:Lane, Private

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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