TRIPLEX! Welcome to 55 Lake Avenue E. This Amazing Investment Opportunity is located in the ever growing popular Family Community of Carleton Place. The self sufficient building hosts welcoming layouts of Two – 1 bedroom units, one of which is currently rented at $1,185/m and one is vacant & ready to rent close to $950/m and One – 2-bedroom unit which is currently rented at $1500/m until July 30 where you can then have the opportunity to find a new tenant around $1,800/m, bringing you close to $47,220/year before expenses. Units are spacious in size, equipped with plenty of natural light & with the added bonus & convenience of each unit having their own in-suite laundry. This property also features a private 4 car driveway and large hedged yard. 100 amp electrical panel with 3 hydro meters. This triplex is located in an ideal location with easy access to 417 and within close proximity to schools, parks, trails, river, shopping & everything that the Town of Carleton Place has to offer!

Monthly Expenses
Gas $ 250
Hydro $ 130
Water $ 225
Insurance $ 250

Maintenance – Yearly
Snow $ 400
Grass $ 900