55 Lake Avenue E
Carleton Place, ON K7C 1K7
- 4Bedrooms
- 3Bathrooms
- 4Parking
- 1500–2000Sq Ft
- $3,582Tax
- 96 ftLot frontage
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About 55 Lake Avenue E, Carleton Place
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!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,582
- Land Transfer Tax Fee
- $10,473
Rental Items
- Rental Equipment
- Hot Water Tank
- Basement Type
- Full, Unfinished
Interior Features
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 95.50 ft
- Lot Depth
- 0.00 ft
Inclusions
- Inclusions
- Fridge (3), Stove (3), Dishwasher (2), Microwave (1), Washer (3), Dryer (3), Natural Gas Furnace, (1), Electric Central AC (1), Bathroom mirrors. Any and all light fixtures.
Exclusions
- Exclusions
- Tenant's Possessions
Parking & Garages
- Garage Type
- Carport
- Garage Spaces
- 2
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4
- Washrooms
- 3
- Kitchens
- 3
Room sizes
- Foyer—Main level
- Living Room—Main level
- Kitchen—Main level
- Bathroom—Main level
- Bedroom—Main level
- Living Room—Main level
- Kitchen—Main level
- Bedroom—Main level
- Bathroom—Main level
- Living Room—Second level
- Kitchen—Second level
- Bedroom—Second level
- Bedroom—Second level
- Bathroom—Second level
Washrooms
- 4-piece, Main
- 4-piece, Second
- Municipality
- Carleton Place
- Neighbourhood
- Carleton Place
- Main cross streets
- McNeely Ave, Left on Lake Avenue E
- Directions
- HWY 7 TO CARLETON PLACE, TURN RIGHT ONTO MCNEELY AV, THEN TURN LEFT ONTO LAKE AVE. #55 LAKE AVE E
- MLS® number
- X12038663
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-09-22
- Listed on
- 2025-03-24
- Days on market
- 182 days
- Possession type
- Flexible
- Co-op commission
- 2.0%+hst
- Seller
- Listed by
- INNOVATION REALTY LTD.
Home Market Value
Current home valuation for 55 Lake Avenue E, Carleton Place, Carleton Place, ON. Listed for $699,900
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 55 Lake Avenue E, Carleton Place
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $199,900 over $500K
$44,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $26,176 | $19,527 | $16,658 | $0 |
=Total mortgage | $680,582 | $649,437 | $611,573 | $559,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,323monthly | $3,171monthly | $2,986monthly | $2,734monthly |
Land Transfer Tax
$10,473
$10,473
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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