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    For Sale - 85-87 Victoria Street, Carleton Place, Ontario

    Est payment $5,762/mo
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    Views   1
    Time on Jump  38 day

    AI Summary *

    • Converted into four updated residential units, great for investment income.
    • Features separate hydro meters and independent heating for each unit.
    • Original character details, including hardwood flooring, add charm.
    • Large upper deck offers excellent outdoor space for tenants.
    • Located near downtown amenities and public transit in a growing area.




    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.
    Listing IDX13218280
    Address85-87 Victoria Street
    CityCarleton Place, Ontario
    Price$1,200,000
    Bed / Bath6 / 4 Full
    Style2-Storey, Fourplex
    ConstructionVinyl Siding
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features Other, Water Heater OwnedOwnership FreeholdBasement Other, UnfinishedFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 4.00
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    Listing Agency:  CENTURY 21 SYNERGY REALTY INC

    * 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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    85-87 Victoria Street
    Carleton Place , Ontario
    6 4 $1,200,000
    Get more info