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17 Moore Street Carleton Place, Ontario K7C 2R4

10354 sqft
Fully Air Conditioned Forced Air

$2,400,000

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 5.5% 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. (id:61852)

Property Details

MLS® Number X13008374
Property Type Multi-family
Community Name 909 - Carleton Place

Building

Appliances Dryer, Washer
CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 10354 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
SizeFrontage 62 Ft
SizeIrregular 62 Ft
SizeTotalText 62 Ft
ZoningDescription C3

https://www.realtor.ca/real-estate/29616061/17-moore-street-carleton-place-909-carleton-place

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