Purpose-built in 2018, this low-maintenance mixed-use building features six fully self-contained residential units and two ground-floor commercial spaces (~600 SF each). 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:61852)
MLS® Number | X12295393 |
Property Type | Multi-family |
Community Name | 909 - Carleton Place |
Appliances | Dryer, Washer |
CoolingType | Fully Air Conditioned |
HeatingFuel | Natural Gas |
HeatingType | Other |
SizeInterior | 10354 Sqft |
Type | Multi-family |
UtilityWater | Municipal Water |
Acreage | No |
SizeFrontage | 62 Ft |
SizeIrregular | 62 Ft |
SizeTotalText | 62 Ft |
ZoningDescription | C3 |
https://www.realtor.ca/real-estate/28628372/17-moore-street-carleton-place-909-carleton-place
Contact us for more information
Andrew Odoardi
Salesperson