A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 55 Lake Ave, Carleton Place Ontario K7C 1K7
1 day on Market

55 Lake Ave, Carleton Place, Ontario K7C 1K7

Townhouse
4
3
- sqft
$699,900
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Townhouse
4
3
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$3,006/mo

Tax Amount (2024)$3,582/yr

Days On Market1 day


Description

TRIPLEX Welcome to 55 Lake Avenue E! Discover this incredible investment opportunity in the ever-growing, family-friendly community of Carleton Place. This self-sufficient triplex boasts three spacious units with excellent layouts and in-suite laundry for added convenience. The property includes: Two 1-bedroom units, currently rented at $975/month and $1300/month. One 2-bedroom unit, currently rented at $1500/month. Together, these units generate an impressive $30,758 annual cash flow. The building features a private 4-car driveway and a large hedged yard, perfect for tenant enjoyment. Additionally, the property has a 100-amp electrical panel. Located in a prime area with easy access to Highway 417, this triplex is within close proximity to schools, parks, trails, the river, and all the amenities Carleton Place has to offer. Don't miss out on this exceptional opportunity to invest in one of the region's most desirable communities!


Property Details

Style2-Storey
View-
Age of property-
SqFt-
Lot Size-
Parking Spaces4
MLS ®NumberX12038663
Community NameCarleton Place
Data SourceTRREB
Listing byINNOVATION REALTY LTD.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Full, Unfinished

Main Floor

Foyer

3.99 x 2.04

Living

3.99 x 5.18

Kitchen

3.97 x 4.27

Bathroom

1.82 x 1.85


Parking

Garage spaces 2

Garage type Carport

Other parking spaces 2

Total parking spaces 4


Property History

Mar 24, 2025
ListedActive
$699,900
1 day on market
history photo preview29
Listing by trreb®
Property listed by INNOVATION REALTY LTD., Brokerage
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Population and Demographics

Overview

Total population 10455
Average household income $117,216

Age (%)

0 to 19
23%
65 and plus
21%
35 to 49
20%
50 to 64
19%
20 to 34
18%

Household composition (%)

Single family
66%
Single person
30%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
90%
French
5%
Others
3%
English and French
1%

House tenancy (%)

Owners
68%
Renters
32%

Schools and amenities

Estimated Budget