$2,645,000

Carleton Place ON, K7C 2R4

MLS® # X12295393

Property Information:

Purpose-built in 2018, this low-maintenance mixed-use building features six fully self-contained residential units and two ground-floor commercial spaces with a 5.4% cap-rate at asking. The residential mix includes two 3-bed, 2-bath units, one accessible 2-bed, and three spacious 2-beds all with private HVAC, in-suite laundry, dishwashers, decks, and upgraded finishes! All residential units are exempt from rent control, offering strong rental upside. The property is supported by an assumable CMHC-insured RBC mortgage ($1.45M @ 4.25%) and a potential second-position VTB, creating an attractive capital-light entry with immediate cash flow and long-term growth. An ideal hands-off investment with rent control exemption, strong in-place cash flow, and financing options that support a low-equity acquisition in one of Eastern Ontario's fastest-growing markets just outside of Ottawa. (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Air Conditioning: Yes
Floor Space: 10354 sqft
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Fully air conditioned
Appliances: Dryer, Washer

Property Features:

Property Type: Multi-family
Floor Space (approx): 10354 Square Feet
Irregular: Yes
Lot Frontage: 62.0 Feet
Lot Size: 62 FT
Zoning: C3

Courtesy of: EXP REALTY

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⚠ Potential Investment Performance

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Market Price Trends

Location of 17 MOORE STREET, Carleton Place, Ontario, K7C 2R4

Lifestyle
Neighbourhood

Demographic Information of 17 MOORE STREET, Carleton Place, Ontario, K7C 2R4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$114,240.21

Average Number of Children

1.74

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.96 %

High school certificate or equivalent

32.96 %

Apprenticeship trade certificate/diploma

5.89 %

College/non-university certificate

29.56 %

University certificate (below bachelor)

0.13 %

University Degree

14.5 %

Commuter

Travel To Work

By Car

90.04 %

By Public Transit

0.0 %

By Walking

7.68 %

By Bicycle

0.0 %

By Other Methods

2.28 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

19.02 %

Houses

80.98 %

Own Vs. Rent