Sold for:Sold Jun 5, 2025
$1,099,900

1415 Larose Avenue

Ottawa (Carlington), ON K1Z 7X6

Multiplex SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 1415 Larose Avenue, Ottawa, Carlington

2025-03-18
2025-06-05
Sold
Price
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MLS#
x12028664

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 1415 Larose Avenue, Ottawa, Carlington

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 $72,192 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 $72,192 (starting June 1st), 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!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$7,915
Land Transfer Tax Fee
$18,473

Rental Items

Rental Equipment
AC/ Furnace- buyouts at $8950
Under Contract
Hot Water Tank-Gas

Basement Type
Finished with Walk-Out, Apartment

Interior Features

Laundry Level
Lower Level
Interior Extras
Water Heater, Water Meter
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck, Porch
Pool
None

Building

Building Type
Multiplex
Building Style
3-Storey
Approx Age
51-99

Construction

Exterior Finish
Brick Front
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
75.00 ft
Lot Depth
98.00 ft
Lot Size
7350

Parking & Garages

Garage Type
Attached
Garage Spaces
1
Parking Spaces
6
Total Garage And Parking Spaces
7

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Yes
Telephone
Yes

Bedrooms
5 + 2
Washrooms
4
Kitchens
3

Room sizes

  • Living Room—
    Second level
  • Living Room—
    Third level
  • Kitchen—
    Second level
  • Kitchen—
    Third level
  • Kitchen—
    Basement level
  • Dining Room—
    Second level
  • Dining Room—
    Third level

Washrooms

  • 3-piece, Main
  • 2-piece, Second
  • 3-piece, Basement

Municipality
Ottawa
Neighbourhood
Carlington
Main cross streets
Merivale and Kirkwood
Zoning
R2H
Directions
Kirkwood south of Queensway to right on Larose.

MLS® number
X12028664
Data source
Toronto Regional Real Estate Board
Status change
2025-06-05
Listed on
2025-03-18
Days on market
79 days
Possession date
2025-03-19
Possession type
Flexible
Co-op commission
2%
Seller
Listed by
TRU REALTY

Home Market Value

Current home valuation for 1415 Larose Avenue, Ottawa, Carlington, Ottawa, ON. Listed for $1,099,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 1415 Larose Avenue, Ottawa, Carlington

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

$
Ottawa, ON
Minimum Down Payment Required:7.7%

5% on first $500K + 10% on $599,900 over $500K

Minimum down payment

$84,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$40,564$30,687$26,178$0
=Total mortgage
$1,054,672$1,020,597$961,093$879,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$5,149monthly$4,983monthly$4,693monthly$4,296monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$18,473

Total Land Transfer Tax

$18,473

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