
17 Moore Street
Carleton Place, ON, K7C 2R4
Community:909 - Carleton Place
Asking Price
$2,400,000
Frontage
62 ft.
Lot Depth
0 ft.
Square Foot
10,354 ft.
Lot Area
0.24 Feet
Zoning
Commercial
17 Moore Street, Carleton Place, K7C 2R4
Property Description
Original Remarks
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.
PROPERTY HISTORY
17 Moore Street
PROPERTY DETAILS
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