17 Moore Street Carleton Place, Ontario K7C 2R4

$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:55460)

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	Forced Air
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