For Sale

55 Lake Avenue, Carleton Place, Ontario K7C 1K7

$699,900

55 Lake Avenue, Carleton Place, Ontario K7C 1K7 is For Sale and has a listing price of 699,900. The property is located in the Carleton Place . It's been on the website for 140 Days.

  • Triplex
    Property Type
  • 4
    Bedrooms
  • 3
    Bathrooms
  • Parking
  • MLS ID: X12038663
  • Office Name INNOVATION REALTY LTD.
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!

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12038663
  • Price: $699,900
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: N/A
  • Ref ID: X12038663
  • Approx Sqft: 1500-2000
  • Dir / Cross St: McNeely Ave, Left on Lake Avenue E
  • Status: Active
  • Tax Year: 2024
  • Property Type: Triplex
  • Property Sub Category: Triplex
Price History
List Date MLS ID List Price Status End Date Closed Price
03/24/2025 X12038663 $699,900 For Sale - -
09/12/2024 X9518611 $699,900 Cancelled 11/29/2024 -
06/07/2024 X9438046 $785,000 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Carleton Place
  • $680,794 Average List Price
    based on 1 year
  • 59 New Listings
    based on 30 days
  • 43 Median Days on Market
    based on 1 year
  • List vs. Selling Price 36.42 % Up
  • Sold (12mo) 200
  • Rented (12mo) 34

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    80.57%
  • Commercial
    11.79%
  • Condo
    6.94%
  • Land for Sale
    0.7%
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 2
  • Garage Type Carport
  • Parking Spaces: 2
  • Exterior Vinyl Siding
  • Kitchen 3
  • Parking Y
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 2: 1
  • Taxes: $3,582
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: -TBA
  • Listing Entry Date: 24/03/2025 19:10:05
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