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.
| MLS # | X13218280 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 159 |
| Listing Provided By | CENTURY 21 SYNERGY REALTY INC. | X13218280 485600 |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 4 |
| Story(s) | 2 |
| Acreage | 0.13 |
| Interior Features | Other, Water Heater Owned |
|---|---|
| Cooling | Window Unit(s) |
| Heat Source | Gas |
| Fireplace Yes / No | No |
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Stone |
| Construction Materials | Vinyl Siding |
| Garage Yes / No | No |
|---|
| Sewer | Sewer |
|---|
| Tax Annual Amount | 4121 |
|---|---|
| Tax Legal Description | PLAN 276 PT LOT 16 RP 26R2795 PART 1 and PLAN 276 PT LOT 15 SECTION C RP 26R2795 PART 2 |
| Tax Year | 2026 |
| Province | ON |
|---|---|
| County | Lanark |
| City | Carleton Place |
| Postal Code | K7C 2W5 |
| Area | 909 Carleton Place |
| Listing VS Median (in K7C 2W5) | |
Price: $1,200,000 low | high Med: $0 On site: 159 low | high Med: | |
| Province | ON |
|---|---|
| County | Lanark |
| City | Carleton Place |
| Postal Code | K7C 2W5 |
| Area | 909 Carleton Place |
| Listing VS Median (in K7C 2W5) | |
Price: $1,200,000 low | high Med: $0 On site: 159 low | high Med: | |