17 Moore St - Apartments FOR SALE


Carleton Place, ON K7C 2R4
$2,400,000 CAD
866-530-7737

NO PHOTO

$2,400,000 CAD
Apartments - FOR SALE
null | 5.5% Cap Rate

17 Moore St
Carleton Place, ON K7C 2R4


HIGHLIGHTS

  • Purpose-built in 2018, this mixed-use asset combines six residential units and two ground-floor commercial spaces within a single investment property.
  • Residential units feature private HVAC systems, in-suite laundry, dishwashers, private decks, and upgraded interior finishes.
  • Located in Carleton Place, the property offers convenient access to local shops, services, and the growing Ottawa Valley market.
  • Rent control exemption on the residential units provides flexibility for future revenue growth and long-term investment potential.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,400,000 CAD

PRICE/SF

$256 CAD /SF

# OF UNITS

6

PRICE/UNIT

$400,000

CAP RATE

5.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2018

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

C3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Andrew OdoardieXp RealtyMore Info
866-530-7737

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Andrew OdoardieXp RealtyMore Info
866-530-7737

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.