For Sale - 17 Moore Street, Carleton Place, Ontario

Est payment $11,525/mo
Views   2
Time on Jump  98 day
  • 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

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17 Moore Street
Carleton Place , Ontario
$2,400,000
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