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 5.5% 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.
| MLS # | X13008374 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Sold Conditional |
| Year | 0 |
| Days On Site | 138 |
| Listing Provided By | EXP REALTY | X13008374 285417 |
| SQ Feet | 10,354 |
|---|---|
| Acreage | 0.24 |
| Cooling | Yes |
|---|
| Utilities | Yes |
|---|
| Tax Annual Amount | 18150 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Lanark |
| City | Carleton Place |
| Postal Code | K7C 2R4 |
| Area | 909 Carleton Place |
| Listing VS Median (in K7C 2R4) | |
Price: $2,400,000 low | high Med: $2,400,000 sqft: 10,354 low | high Med: 10,354 $ / sqft: $232 low | high Med: $232 On site: 138 low | high Med: 138 | |
| Province | ON |
|---|---|
| Region | Lanark |
| City | Carleton Place |
| Postal Code | K7C 2R4 |
| Area | 909 Carleton Place |
| Listing VS Median (in K7C 2R4) | |
Price: $2,400,000 low | high Med: $2,400,000 sqft: 10,354 low | high Med: 10,354 $ / sqft: $232 low | high Med: $232 On site: 138 low | high Med: 138 | |