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55 Lake Avenue E

Carleton Place, ON K7C 1K7
  • $699,900
  • STATUS: Active
  • ON SITE: 108 Days
  • ID#: X12038663
UPDATED: 74 min ago
$699,900
  • 4
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1500-2000
    SQFT
Neighbourhood:
Type:
Multi-Family
County:
On

School Ratings & Info

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!

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Listing information © 2025 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or The Neil McIntyre Real Estate Team | Re/Max Realty Services Inc.. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2025-07-11T09:42:44.76.
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55 Lake Avenue E Carleton Place, ON K7C 1K7

  • Price: $699,900
  • Status: Active
  • On Site: 108 Days
  • Updated: 74 min ago
  • ID#: X12038663
4
Beds
3
Baths
0
½ Baths
N/A
Acres
1500-2000
SQFT
$400
$/SQFT
Neighbourhood:
909 - Carleton Place
County:
On
Area:
Carleton Place
Property 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!
Exterior Features

Architectural Style 2-Storey Construction Materials Vinyl Siding Exterior Features Deck Foundation Details Poured Concrete Garage Type Carport Garage YN No Pool Features None Roof Asphalt Shingle

Interior Features

Basement FullUnfinished Bedrooms Above Grade 4 Central Vacuum YN No Cooling Central Air Den Familyroom YN No Ensuite Laundry YN No Fireplace YN No Heat Type Forced Air Interior Features None Kitchens Above Grade 3 Kitchens Total 3 Rooms Foyer (Main Level) Living Room (Main Level) Kitchen (Main Level) Bathroom (Main Level) Bedroom (Main Level) Living Room (Main Level) Kitchen (Main Level) Bedroom (Main Level) Bathroom (Main Level) Living Room (Second Level) Kitchen (Second Level) Bedroom (Second Level) Bedroom (Second Level) Bathroom (Second Level) Rooms Above Grade 10 Washrooms Type1 2 Washrooms Type1 Level Main Washrooms Type1 Pcs 4 Washrooms Type2 1 Washrooms Type2 Level Second Washrooms Type2 Pcs 4

Property Features

Assessment Year 2024 Covered Spaces 2 Direction Faces North Heat Source Gas Lot Depth 0 Lot Size Units Feet Occupant Type Tenant Parking Features LanePrivate Parking Spaces 2 Parking Total 4 Property Sub Type Triplex Property Type Residential Freehold Sewer Sewer Special Designation Unknown Tax Annual Amount 3582 Tax Legal Description LT 12 PL 825 LANARK N BECKWITH; LT 11 PL 825 LANARK N BECKWITH TOWN OF CARLETON PLACE Tax Year 2024 Transaction Type For Sale Waterfront YN No

Listing courtesy of INNOVATION REALTY LTD..
Listing information © 2025 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or The Neil McIntyre Real Estate Team | Re/Max Realty Services Inc.. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2025-07-11T09:42:44.76.
 
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