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17 Moore Street, Carleton Place, ON K7C 2R4
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17 Moore Street, Carleton Place, ON K7C 2R4
Carleton Place , K7C 2R4
$2,400,000.00
10354 Square Feet Commercial
Property Details
MLS Number X13008374
Property Type Commercial
City Carleton Place
City Region 909 - Carleton Place
Postal Code K7C 2R4
Cross Street Moore St / Lake Ave E.
Street Number 17
Street Name Moore
Lot Width 62 ft
Building Area 10354 Square Feet
Annual Tax $18,150.00
Utilities Yes
Occupant Type Tenant
Description
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.
Selvan Puvaneswaranathan
Selvan Puvaneswaranathan
Broker — REMAX Crossroads
312-305 Milner Ave, Toronto ON

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