1415 Larose Avenue, Ottawa, Ontario K1Z 7X6

Listed for:
$1,150,000
7 beds
4 baths
Listed 15 days ago
Triplex for rent: 1415 Larose Avenue, Ottawa, Ontario K1Z 7X6

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Learn more about this property
Listing provided by:
TRU REALTY
MLS® number:
X12028664
Agent:
Leon (itai) Olej
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About

Merivale and Kirkwood 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:27476)

Property Highlights

MLS® Number
X12028664
Type
Multi-family
Community Name
5301 - Carlington
Land Size
75 x 98 FT
Parking Space Total
7

Building

Building Type
Triplex
Storeys
3.00
Square Footage
2999.975 - 3499.9705 sqft
Bathrooms Total
4
Bedrooms Above Ground
5
Bedrooms Total
7
Exterior Finish
Brick Facing
Fireplace Present
No
Basement Type
N/A (Finished)
Basement Features
Apartment in basement, Walk out
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Room Layout

Living room
Second level
5.35 m x 4.9 m
Kitchen
Second level
4.87 m x 2.99 m
Dining room
Second level
3.98 m x 3.35 m
Living room
Third level
5.35 m x 4.9 m
Kitchen
Third level
4.87 m x 2.99 m
Dining room
Third level
3.98 m x 3.35 m
Kitchen
Basement
5.05 m x 2.97 m

Location