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For sale
  • C$699,900

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

    4beds
    3baths
    Triplex
    Built in ----
    -- sqft lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    Spacious unitsExcellent layoutsIn-suite laundryLarge hedged yard
    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!
    33 days
    on Zillow
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    18
    |
    0
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    Zillow last checked: 7 hours ago

    Listing updated: March 27, 2025 at 01:32pm

    Listed by:

    INNOVATION REALTY LTD.

    Source: TRREB,MLS®#: X12038663MLS LogoOriginating MLS®#: OREB
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Forced Air, Gas
    Cooling
    • Central Air
    Features
    • None
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Living area range: 1500-2000 null

    Property

    Parking
    • Total spaces: 4
    • Parking features: Lane, Private
    • Has carport: Yes
    Features
    • Stories: 2
    • Patio & porch: Deck
    • Pool features: None
    Details
    • Parcel number: 051220093

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Vinyl Siding
    • Foundation: Poured Concrete
    • Roof: Asphalt Shingle

    Utilities & green energy

    • Sewer: Sewer

    Community & HOA

    Location
    • Region: Carleton Place

    Financial & listing details

    • Annual tax amount: C$3,582
    • Date on market: 3/24/2025
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