17 Moore Street, Carleton Place, ON

$2,400,000

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About 17 Moore Street

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.

Features of 17 Moore Street

MLS® # X13008374
Price $2,400,000
Bathrooms 0.00
Type Commercial
Sub-Type Investment
Status Active Under Contract

Community Information

Address 17 Moore Street
Area Lanark
Subdivision 909 - Carleton Place
City Carleton Place
Province ON
Postal Code K7C 2R4

Amenities

Garages None
Is Waterfront No

Interior

Heating Gas Forced Air Open
Cooling Yes
Fireplace No

Listing Details

OfficeEXP REALTY

Listing Map

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