ON
Carleton Place
K7C2W5
85-87 Victoria Street
85-87 Victoria Street, Carleton Place, ON K7C2W5
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Listing Type
Multi Family
Listing Status
Active
50
$1,200,000

Home Details for 85-87 Victoria Street

Price
$1,200,000
Type
Residential Income
Bedrooms
6
Total Bathrooms
4
Listing #
X13218280
Property Description

Exceptional investment opportunity in the heart of Carleton Place! Formerly configured as a triplex with commercial office space, the property has since been converted into four residential units and extensively updated throughout. The building features separate hydro meters, two forced-air furnaces servicing front and rear units separately, updated ductwork completed in 2024, and four owned hot water tanks installed in 2024. Many original character details remain including beautiful hardwood strip flooring throughout much of the property. Windows appear to be vinyl clad and the large 16' x 12' upper deck with direct access from the living area provides excellent outdoor space for tenants.Strong rental appeal with a desirable unit mix, ample on-site parking, plus additional public parking directly behind the property. Excellent opportunity for investors seeking cash flow, future appreciation, and development upside with the included severed lot. Located close to downtown amenities, shopping, restaurants, schools, and transit in one of Eastern Ontario's fastest-growing communities. All kinds of possibilities with this unique income property. (id:31684)

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • Window Unit(s)
  • Garage
    • 1
  • Parking
    • Attached
Listing Courtesy: CENTURY 21 SYNERGY REALTY INC
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EXIT EXCEL REALTY, BROKERAGE
1550 Carling Ave. Suite 204, Ottawa, ON K1Z 8S8
Office
613 822 8999
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