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Property at 1415 LAROSE AVENUE image 1
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48

$1,150,000

1415 LAROSE AVENUE
Ottawa, Ontario, Ontario, K1Z7X6

MLS® Number: X12028664
Listed 57 days ago
7 4

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!

Building information

Type

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Appliances

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Basement Development

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Basement Features

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Basement Type

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Cooling Type

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Exterior Finish

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Foundation Type

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Half Bath Total

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Heating Fuel

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Heating Type

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Stories Total

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Utility Water

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Land information

Sewer

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Size Depth

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Size Frontage

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Size Irregular

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Size Total

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Rooms

Basement

Kitchen

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Third level

Dining room

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Kitchen

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Living room

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Second level

Dining room

*****

Kitchen

*****

Living room

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Courtesy of TRU REALTY

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