1415 Larose AVE Pending

Carlington - Central Park,ON K1Z 7X6

$ 1150000

7 Beds

4 Baths

- SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Pending

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision 5301 - Carlington

MLS Listing ID X12028664

Style 3-Storey

Bedrooms 7

Building Age 51-99

Annual Tax Amount $7,915

Tax Year 2024

Property Sub-Type Triplex

Property Description

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!

Location

Province ON

County Ottawa

Community 5301 - Carlington

Area Ottawa

Rooms

Family Room No

Kitchen 3

Interior

Cooling Central Air

Exterior

Exterior Feature Deck,Porch

Parking Features Lane,Private

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Building

Foundation Poured Concrete

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