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$699,900
Available - For Sale
Listing ID: X12038663
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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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $77,495 $154,990 $232,485 $309,980
First Mortgage $1,472,405 $1,394,910 $1,317,415 $1,239,920
CMHC/GE $40,491.14 $27,898.2 $23,054.76 $0
Total Financing $1,512,896.14 $1,422,808.2 $1,340,469.76 $1,239,920
Monthly P&I $6,479.62 $6,093.78 $5,741.13 $5,310.48
Expenses $0 $0 $0 $0
Total Payment $6,479.62 $6,093.78 $5,741.13 $5,310.48
Income Required $242,985.63 $228,516.65 $215,292.3 $199,143.05

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
INNOVATION REALTY LTD.

55 Lake Aven East , Carleton Place, K7C 1K7, Lanark

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Triplex
Area: Lanark
Municipality: Carleton Place
Neighbourhood: 909 - Carleton Place
Style: 2-Storey
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $3,582
Maintenance Fee: $0
Beds: 4
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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