55 Lake Avenue E

Carleton Place

55 Lake Avenue E
55 Lake Avenue E
55 Lake Avenue E
+27
4
 bed
3
 bath
4
 parking
1500 - 2000
 sqft
Triplex
$699,900
For Sale
98 days
 on site
$699,900
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Size
-
Lot size
-
Street frontage
-
Possession
Flexible
Price per sqft
$350 - $467
Taxes
$3,582 (2024)
Parking Type
-
Style
2-Storey
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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!
Broker: INNOVATION REALTY LTD.
MLS®#: X12038663
Property details
Parking:
4
Parking type:
-
Property type:
Triplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
1500-2000 sqft
Lot front:
95 Ft
Listed on:
Mar 24, 2025
Show all details
Rooms
LevelNameSizeFeatures
Main
Bedroom
11.1 x 7.0 ft
Second
Kitchen
10.8 x 11.8 ft
Main
Living Room
14.1 x 9.1 ft
Show all
Instant estimate:
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$1,171
higher than listed price
i
High
$746,111
Mid
$701,071
Low
$681,999
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About 55 Lake Avenue E

Located at 55 Lake Avenue E, this Carleton Place triplex is available for sale. It was listed at $699900 in March 2025 and has 4 beds and 3 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this triplex.

Getting around the area will require a vehicle, as the nearest transit stop is a Bus Stop (MUNSTER / MANSFIELD) and is a 19-minute drive