Selling

55 Lake Avenue E, Carleton Place, ON K7C 1K7

$699,900

  • (0)
  • 8 Views
  • Sep 15, 2025
  • Carleton Place, 909 - Carleton Place

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Description
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!
Overview
Property ID: X12038663
Type: Triplex
Bedrooms: 4
Bathrooms: 3
Square: 1,750 m²
Price: $699,900
PropertyType: Residential Freehold
TransactionType: For Sale
BuildingAreaUnits: Square Feet
Cooling: Central Air
Heating: Forced Air
ParkingFeatures: Carport
YearBuilt: Unknown
TaxAnnualAmount: 3582
PossessionDetails: -TBA
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