113 BRIDGE STREET, Carleton Place

$559,000

For sale: Other

Other at 113 BRIDGE STREET, Carleton Place
Property type
Store W Apt/Office
MLS®
MLS® X14104320
Neighbourhood
909 - Carleton Place

An excellent investment opportunity in the heart of downtown Carleton Place! Situated along busy Bridge Street, this solid mixed-use building offers great visibility, strong foot traffic and three income-generating units. The main level features approximately 1,000 sq. ft. of commercial space with two large display windows, an open retail area, workshop space, bathroom, kitchenette, storage and rear access. A full-length basement provides additional storage space. The upper level offers two residential rental units, including a bachelor apartment and a one-bedroom apartment. Numerous updates have been completed throughout the property, including new flooring in the commercial space and rear apartment, exposed brick restoration, improvements to the common hallway and stairway, and updates to the front apartment featuring new flooring, kitchen cabinetry and exposed brick accents. Offering a steady income stream with established tenants, this property is a great addition to any investment portfolio. Located in a vibrant downtown setting surrounded by established businesses, shops and restaurants. A fantastic opportunity to own a piece of Carleton Place's thriving downtown core! The sale includes the building and real estate only.

Sold data

Homes in Carleton Place — recent sold market

Homes in Carleton Place took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 62, across 53 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.

The median sale price was $547,000.

Homes sold for about 2.4% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 25% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$547,000
Sale-to-list ratio
97.6%
Sold above asking
6%

Based on 53 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Carleton Place

Carleton Place has 6 Fraser Institute–rated schools (4 elementary and 2 secondary), averaging 5.7/10.

Rated schools
6
Elementary
4
Secondary
2
Average rating
5.7 / 10

Top-rated schools in Carleton Place

  • Notre Dame — secondaryFraser rating 6.8/10
  • Beckwith — elementaryFraser rating 6.6/10
  • Caldwell Street — elementaryFraser rating 6.4/10
  • Carleton Place — secondaryFraser rating 5.7/10
  • J.-L.-Couroux — elementaryFraser rating 5.2/10
  • Arklan Community — elementaryFraser rating 3.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 113 BRIDGE STREET