For Sale Multi-Family

1831 Labonte Street

$589,900
Clarence-Rockland, Ontario K0A 1N0 MLS® X13444092
4 Bedrooms
3 Bathrooms
1,500 - 2,000 sqft Interior
6 Parking spaces
130 X 100 Ft ; 0 Lot size
None Baseboard Heaters, Forced Air

About this home

Attention investors! Excellent opportunity to own a well-maintained triplex in the growing community of Rockland, just minutes from Ottawa. This income-producing property features three self-contained units consisting of one spacious 2-bedroom main floor apartment and two 1-bedroom upper units. Each unit offers its own private laundry, providing added convenience and strong tenant appeal. Current rents are $1,440, $1,300, and $1,275 per month, with tenants paying their own hydro and heating costs, helping keep operating expenses low. The property offers dedicated parking for all units and has benefited from several recent capital improvements, including a new roof in 2023, a new upper balcony for Apartment C in 2022, and new flooring in the common entryway and staircase in 2026.Situated in an established residential neighbourhood with convenient access to shopping, restaurants, parks, community amenities, and commuter routes, this property continues to attract quality tenants and offers strong long-term rental appeal. With separate utilities, private laundry in every unit, dedicated parking, and major capital improvements already completed, this is a solid, low-maintenance investment opportunity offering stable income today and long-term upside in one of Eastern Ontario's fastest-growing communities. An excellent addition to any real estate portfolio, whether you're a seasoned investor or looking to acquire your first multi-unit property. (id:28469)

Facts & features

Property

MLS® Number
X13444092
Property Type
Multi-family
Community Name
607 - Clarence/Rockland Twp
Amenities Near By
Golf Nearby
Parking Space Total
6

Building

Bathroom Total
3
Bedrooms Above Ground
4
Bedrooms Total
4
Basement Type
Crawl Space
Cooling Type
None
Foundation Type
Stone
Half Bath Total
1
Heating Fuel
Electric, Natural Gas
Heating Type
Baseboard Heaters, Forced Air
Stories Total
2
Size Interior
1,500 - 2,000 Sqft
Type
Triplex
Utility Water
Municipal Water

Parking

No Garage

Land

Acreage
No
Land Amenities
Golf Nearby
Sewer
Septic System
Size Depth
100 Ft
Size Frontage
130 Ft
Size Irregular
130 X 100 Ft ; 0
Size Total Text
130 X 100 Ft ; 0
Zoning Description
Residential

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Location

1831 Labonte Street, Clarence-Rockland, Ontario K0A 1N0  ·  Get directions