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:47421)
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bedrooms
5+2
Bathrooms
4
Lot
75 x 98 ft
Equipment
Water Heater - Gas
Features
Lane
Listing Contract Date
2025-03-18
Location Description
Merivale and Kirkwood
# of Parking Spaces
7
Property Type
Multi-family
Rental Equipment
Water Heater - Gas
Structures
Deck, Porch
Transaction Type
For sale
Zoning Description
R2H
Building
Age
51 to 99 years
Appliances
Water Heater, Water meter
Basement Development
Finished
Basement Features
Apartment in basement, Walk out
Basement Type
N/A (Finished)
Cooling Type
Central air conditioning
Exterior Finish
Brick Facing
Foundation Type
Poured Concrete
# of Half Bathrooms
1
Heating Fuel
Natural gas
Heating Type
Forced air
Stories Total
3
Type
Triplex
Utility Water
Municipal water
Rooms
Room
Level
Dimensions
Notes
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
Parking Spaces
Name
Spaces
Attached Garage
Garage
Utilities
Type
Description
Cable
Installed
Sewer
Installed
Land
Total Size
75 x 98 FT
Sewer
Sanitary sewer
Size of Irregular Land
75 x 98 FT
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