85-87 VICTORIA STREET, Carleton Place, ON K7C2W5
85-87 VICTORIA STREET, Carleton Place, ON K7C2W5
85-87 VICTORIA STREET, Carleton Place, ON K7C2W5
85-87 VICTORIA STREET, Carleton Place, ON K7C2W5
85-87 VICTORIA STREET, Carleton Place, ON K7C2W5
85-87 VICTORIA STREET, Carleton Place, ON K7C2W5
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$ 1,200,000
Est. payment | /mo

6 Beds

4 Baths

2,500 SqFt


$ 1,200,000
Est. payment | /mo

6 Beds

4 Baths

2,500 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2500 - 3000

Square Footage 2,500 sqft

Price per Sqft $480

Subdivision 909 - Carleton Place

MLS® Listing ID X13218280

Bedrooms 6

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. (id:24570)

Location

State ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Window air conditioner

Exterior

Parking Features Yes

View Y/N No

Attached Garage Yes

Total Parking Spaces 4

Garage Yes

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

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85-87 VICTORIA STREET