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$ 1,200,000
Est. payment /mo
New
85-87 Victoria ST Carleton Place, ON K7C 2W5
6 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision 909 - Carleton Place
MLS Listing ID X13218280
Style 2-Storey
Bedrooms 6
Annual Tax Amount $4,121
Tax Year 2026
Property Sub-Type Fourplex
Property Description
Exceptional investment opportunity in the heart of Carleton Place! Formerly configured as a triplex with commercial office space, the property has since been converted into four residential units and extensively updated throughout. The building features separate hydro meters, two forced-air furnaces servicing front and rear units separately, updated ductwork completed in 2024, and four owned hot water tanks installed in 2024. Many original character details remain including beautiful hardwood strip flooring throughout much of the property. Windows appear to be vinyl clad and the large 16' x 12' upper deck with direct access from the living area provides excellent outdoor space for tenants.Strong rental appeal with a desirable unit mix, ample on-site parking, plus additional public parking directly behind the property. Excellent opportunity for investors seeking cash flow, future appreciation, and development upside with the included severed lot. Located close to downtown amenities, shopping, restaurants, schools, and transit in one of Eastern Ontario's fastest-growing communities. All kinds of possibilities with this unique income property.
Location
Province ON
County Lanark
Area Lanark
Rooms
Family Room No
Basement Other, Unfinished
Kitchen 4
Interior
Interior Features Other, Water Heater Owned
Cooling Window Unit(s)
Fireplace No
Heat Source Gas
Exterior
Pool None
Roof Type Asphalt Shingle
Lot Frontage 52.1
Lot Depth 109.52
Total Parking Spaces 4
Building
Foundation Stone
Others
ParcelsYN No
Virtual Tour https://elephant-shoe-media.aryeo.com/sites/85-87-victoria-st-carleton-place-on-k7c-2w5-25203311/branded
Listed by CENTURY 21 SYNERGY REALTY INC