$1,200,000
 $6,442 est/mo Sourced by Back At You

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

Carleton Place, ON K7C 2W5

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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.

Details

MLS #X13218280
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusNew
Year0
Days On Site159
Listing Provided ByCENTURY 21 SYNERGY REALTY INC. | X13218280 485600

Features

Bed(s)6
Bath(s)4
Story(s)2
Acreage0.13

Interior

Interior FeaturesOther, Water Heater Owned
CoolingWindow Unit(s)
Heat SourceGas
Fireplace Yes / NoNo

Exterior

RoofAsphalt Shingle
Foundation DetailsStone
Construction MaterialsVinyl Siding

Parking

Garage Yes / NoNo

Utilities

SewerSewer

Taxes

Tax Annual Amount4121
Tax Legal DescriptionPLAN 276 PT LOT 16 RP 26R2795 PART 1 and PLAN 276 PT LOT 15 SECTION C RP 26R2795 PART 2
Tax Year2026

Area Information

ProvinceON
CountyLanark
CityCarleton Place
Postal CodeK7C 2W5
Area909 Carleton Place
Listing VS Median (in K7C 2W5)
Price:
$1,200,000
low | high
Med:
$0
On site:
159
low | high
Med:
Sourced by Back At You

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Learn More About This Property

ProvinceON
CountyLanark
CityCarleton Place
Postal CodeK7C 2W5
Area909 Carleton Place
Listing VS Median (in K7C 2W5)
Price:
$1,200,000
low | high
Med:
$0
On site:
159
low | high
Med:
Sourced by Back At You
Listing Updated: November 2, 2026 at 5:13:07 PM PST