For sale
Triplex

1415 Larose Avenue

$1,150,000
Ottawa, Ontario, K1Z 7X6

Overview

  • Updated On:
  • March 25 2025
  • MLS® Number
  • X12028664
  • 7 Bedrooms
  • 4 Bathrooms

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! (id:57887)

Price:
Price Info:
Property Type: Multi-family
Building Type: Triplex
Storeys: 3
Neighbourhood: Carlington
Parking Type: Attached Garage, Garage
Appliances
Water Heater
Water meter
Cooling & Heating
Natural gas
Forced air
Central air conditioning
ExteriorFinish
Brick Facing
$ 5,896.28
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 4,458.78
Bedroom
BedroomsAboveGround: 5
BedroomsBelowGround: 2
BedroomsTotal: 7
Bathroom
BathroomTotal: 4
HalfBathTotal: 1
Basement
BasementDevelopment: Finished
BasementFeatures: Apartment in basement, Walk out
BasementType: N/A (Finished)
Size
SizeInterior: 2999.975 - 3499.9705 sqft
Construction
Age: 51 to 99 years
FoundationType: Poured Concrete
Utility
UtilityWater: Municipal water
Acreage: No
Sewer: Sanitary Sewer
SizeDepth: 98 Ft
SizeFrontage: 75 Ft
SizeIrregular: 75 X 98 Ft
SizeTotalText: 75 X 98 Ft
ZoningDescription: R2h
Second level
Type Dimensions
Living Room 5.35 m x 4.9 m
Kitchen 4.87 m x 2.99 m
Dining Room 3.98 m x 3.35 m
Third level
Type Dimensions
Living Room 5.35 m x 4.9 m
Kitchen 4.87 m x 2.99 m
Dining Room 3.98 m x 3.35 m
Basement
Type Dimensions
Kitchen 5.05 m x 2.97 m
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