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    For Sale - 17 Moore Street, Carleton Place, Ontario

    Est payment $11,525/mo
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    Views   3
    Time on Jump  148 day

    AI Summary *

    • Purpose-built in 2018 with low maintenance for easy management.
    • Six fully self-contained residential units with modern amenities.
    • Two ground-floor commercial spaces providing additional income potential.
    • All residential units exempt from rent control for strong rental growth.
    • Financing options available for low-equity investment in a growing market.




    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. 5% 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.
    Listing IDX13008374
    Address17 Moore Street
    CityCarleton Place, Ontario
    Price$2,400,000
    StyleInvestment
    Land Size0.24
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Gas Forced Air Open

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    Listing Agency:  EXP REALTY

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    17 Moore Street
    Carleton Place , Ontario
    $2,400,000
    Get more info