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85-87 Victoria Street Carleton Place, Ontario K7C 2W5

6 Bedroom 4 Bathroom 2500 - 3000 sqft
Window Air Conditioner Forced Air

$1,200,000

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:59524)

Property Details

MLS® Number X13218280
Property Type Multi-family
Community Name 909 - Carleton Place
ParkingSpaceTotal 4

Building

BathroomTotal 4
BedroomsAboveGround 6
BedroomsTotal 6
Appliances Water Heater, Dishwasher, Dryer, Stove, Washer, Refrigerator
BasementDevelopment Other, See Remarks,unfinished
BasementType N/a (other, See Remarks), N/a (unfinished)
CoolingType Window Air Conditioner
ExteriorFinish Vinyl Siding
FoundationType Stone
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2500 - 3000 Sqft
Type Fourplex
UtilityWater Municipal Water

Parking

Attached Garage
No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 109 Ft ,6 In
SizeFrontage 52 Ft ,1 In
SizeIrregular 52.1 X 109.5 Ft
SizeTotalText 52.1 X 109.5 Ft

https://www.realtor.ca/real-estate/29829512/85-87-victoria-street-carleton-place-909-carleton-place

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