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1415 Larose AVE Carlington - Central Park, ON K1Z 7X6
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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
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 $72,192 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 $72,192 (starting June 1st), 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
Zoning R2H
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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