REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,645,000
Est. payment /mo
Active
17 Moore ST Carleton Place, ON K7C 2R4
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 909 - Carleton Place
MLS Listing ID X12295393
Annual Tax Amount $18,150
Tax Year 2024
Property Sub-Type Investment
Property Description
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.
Location
Province ON
County Lanark
Area Lanark
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 62.0
Others
ParcelsYN No
Listed by EXP REALTY
GET MORE INFORMATION