389 Thomas Street Carleton Place, Ontario K7C 3Z3
$579,900
This solid bungalow on a desirable corner lot in Carleton Place is fully developed with an in-law suite in the lower level offering flexibility for investors, multi-generational families, or owner-occupiers looking for a mortgage helper. The updated top floor has it's own entrance & driveway, featuring 3 beds/1 bath, a corner gas fireplace in the living room and stackable washer/dryer. Current tenants pay $1,670.66/month all-inclusive, providing steady income from day one. The self-contained lower level offers 1 bed + den, 4pc bath, it's own laundry, a separate entrance & driveway & will be vacant by October 1, 2025, allowing you to choose your own tenants and set your rent (estimated at $1,600/month). Enjoy a 5% cap rate based on projected income. The corner lot provides space privacy with each unit having their own deck, driveway, and private fenced yard. Carleton Place is one of Eastern Ontario's fastest-growing communities, known for its charming small-town atmosphere, strong economy, and easy access to Ottawa. Just 26 minutes to Kanata and under 45 minutes to downtown Ottawa, its a prime choice for commuters seeking more space and affordability without sacrificing amenities including grocery stores, big-box retailers, boutique shops, restaurants & recreational facilities. A vibrant historic downtown along the Mississippi River attracts residents & visitors alike with cafes, galleries & seasonal events. With rapid population growth and limited rental supply, there is a strong rental demand and competitive market rents. Infrastructure improvements, new housing developments, and expanding services continue to enhance property values. For families, the community offers quality schools, parks, trails, and waterfront activities. Whether you're seeking a stable rental investment or a home in a growing, commuter-friendly town, Carleton Place delivers a balance of lifestyle and opportunity. Recent fire code inspection & expenses on file. Call to book your showing today! (id:47351)
Property Details
| MLS® Number | X12340659 |
| Property Type | Single Family |
| Community Name | 909 - Carleton Place |
| Amenities Near By | Beach, Golf Nearby, Hospital, Schools |
| Community Features | School Bus, Community Centre |
| Equipment Type | Water Heater |
| Features | Flat Site, In-law Suite |
| Parking Space Total | 4 |
| Rental Equipment Type | Water Heater |
| Structure | Deck, Shed |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 4 |
| Amenities | Fireplace(s) |
| Appliances | Dryer, Hood Fan, Stove, Washer, Refrigerator |
| Architectural Style | Raised Bungalow |
| Basement Development | Finished |
| Basement Features | Apartment In Basement, Walk Out |
| Basement Type | N/a (finished) |
| Construction Style Attachment | Detached |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick Facing, Vinyl Siding |
| Fire Protection | Smoke Detectors |
| Fireplace Present | Yes |
| Fireplace Total | 2 |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 700 - 1,100 Ft2 |
| Type | House |
| Utility Water | Municipal Water |
Parking
| No Garage | |
| R V |
Land
| Acreage | No |
| Fence Type | Fully Fenced |
| Land Amenities | Beach, Golf Nearby, Hospital, Schools |
| Landscape Features | Landscaped |
| Sewer | Sanitary Sewer |
| Size Depth | 96 Ft ,1 In |
| Size Frontage | 60 Ft ,3 In |
| Size Irregular | 60.3 X 96.1 Ft |
| Size Total Text | 60.3 X 96.1 Ft |
| Zoning Description | R2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Den | 2.36 m | 2.25 m | 2.36 m x 2.25 m |
| Lower Level | Bathroom | 3.98 m | 1.48 m | 3.98 m x 1.48 m |
| Lower Level | Utility Room | 1.9 m | 1.92 m | 1.9 m x 1.92 m |
| Lower Level | Living Room | 7.79 m | 4.71 m | 7.79 m x 4.71 m |
| Lower Level | Kitchen | 3.35 m | 3.58 m | 3.35 m x 3.58 m |
| Lower Level | Bedroom | 3.51 m | 3.58 m | 3.51 m x 3.58 m |
| Main Level | Living Room | 4.07 m | 3.96 m | 4.07 m x 3.96 m |
| Main Level | Dining Room | 2.94 m | 3.95 m | 2.94 m x 3.95 m |
| Main Level | Kitchen | 3.05 m | 3.08 m | 3.05 m x 3.08 m |
| Main Level | Primary Bedroom | 3.37 m | 3.47 m | 3.37 m x 3.47 m |
| Main Level | Bedroom 2 | 3.98 m | 2.9 m | 3.98 m x 2.9 m |
| Main Level | Bedroom 3 | 3.06 m | 3.37 m | 3.06 m x 3.37 m |
| Main Level | Bathroom | 1.59 m | 2.29 m | 1.59 m x 2.29 m |
https://www.realtor.ca/real-estate/28724736/389-thomas-street-carleton-place-909-carleton-place
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August 13 2025 02:33:33
Ottawa Real Estate Board
Century 21 Synergy Realty Inc.