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308 Lake Avenue Carleton Place, Ontario K7C 1M4

None Hot Water Radiator Heat

$11,250,000

Brand new investment property in the beautiful and growing community of Carleton Place. Excellent location just 2 blocks to the CP & District Memorial Hospital. Opportunity to buy 48 rental units in a 3 building complex (2x14 unit, 1x20 unit) on 2.2 acres, fully leased to good quality tenants. All new low maintenance construction. Ample parking, individual storage sheds, exterior entrances (walk-up style). Potential for conversion to condominium title. Great cash flow. (id:15865)

Property Details

MLS® Number 1107593
Property Type Multi-family
Neigbourhood Carleton Place
Parking Space Total 48

Building

Constructed Date 2016
Construction Material Wood Frame
Cooling Type None
Exterior Finish Brick, Siding
Fireplace Present No
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Hot Water Radiator Heat
Stories Total 3
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 222 Ft ,9 In
Size Frontage 429 Ft ,9 In
Size Irregular 429.71 Ft X 222.73 Ft (irregular Lot)
Size Total Text 429.71 Ft X 222.73 Ft (irregular Lot)
Zoning Description Residential District

https://www.realtor.ca/PropertyDetails.aspx?PropertyId=19817827

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