1831 LABONTE Street, Clarence-Rockland, ON

Description

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.