10,354 ft2
Fully Air Conditioned
Other
$2,645,000
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. (id:47351)
Property Details
|
MLS® Number
|
X12295393 |
|
Property Type
|
Multi-family |
|
Community Name
|
909 - Carleton Place |
Building
|
Appliances
|
Dryer, Washer |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Other |
|
Size Interior
|
10,354 Ft2 |
|
Type
|
Multi-family |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Size Frontage
|
62 Ft |
|
Size Irregular
|
62 Ft |
|
Size Total Text
|
62 Ft |
|
Zoning Description
|
C3 |
https://www.realtor.ca/real-estate/28628372/17-moore-street-carleton-place-909-carleton-place