ON
Carleton Place
K7C2R4
17 Moore Street
17 Moore Street, Carleton Place, ON K7C2R4
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Listing Type
Multi Family
Listing Status
active
18
$2,645,000

Home Details for 17 Moore Street

Price
$2,645,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Parking
Days on site
67
Listing #
X12295393
Property 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 5.4% 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:31684)

Property Features
  • Heating Information
    • Natural Gas
    • Other
Listing Courtesy: EXP REALTY
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EXIT REALTY MATRIX, BROKERAGE
74 Bridge St. Unit 1, Carleton Place, ON K7C 2V3
Office
613 686 3948
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