1415 Larose Avenue

Carlington - Central Park, 5301 - Carlington

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!

This triplex home located at 1415 Larose Avenue, CarlingtonCentralPark, ON K1Z 7X6 is currently for For Sale and has been available on Wedu.ca for days. This property is listed at CA$1M. It has 7 beds, 4 bathrooms, and is 3000-3249 square feet. The property is N/A years old. 1415 Larose Avenue, CarlingtonCentralPark, ON K1Z 7X6 is in Carlington - Central Park neighborhood 5301 - Carlington.