ExtensionFor Sale

17 Moore Street
Carleton Place, Lanark, ON, K7C 2R4

Investment
TRREB
MLS® Number: X12295393
$2,645,000List Price
InvestmentProperty Type
10,354 sq ftSize
$18,150 / 2024Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 17 Moore Street, Carleton Place, ON K7C 2R4

0 Transactions by CPRB Agents

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Description

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 5.4% 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.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$18,150 / 2024
Listing #:X12295393
Property Type:Investment
Size:10,354 sq ft
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:EXP REALTY

Rooms

Details

Property

Property Type:Investment
Community:909 - Carleton Place
Municipality:Lanark

Building

Size:10,354 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Open

Land

Cross Street:Moore St / Lake Ave E.

$2,645,000

List price

17 Moore Street, Carleton Place – Investment for sale · MLS® # X12295393 | CPRB