1415 Larose Avenue Image 1

$1,150,000

6 days agoTriplex For Sale
bedrooms7bed
washrooms5bath
MLS - #X12028664

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

0
Similar Homes Found
$0
Average Price
115000000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Triplex

Lot size

N/A

Style

3-Storey

Approx. Area

N/A

Room Information

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

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

12 hours ago

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

Principal and InterestProperty Taxes$4392.22/ month
$920,000 Principal and Interest
$1,104,000 Property Taxes

Location

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Walk Score for 1415 Larose Avenue

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