17 MOORE STREET, Carleton Place

$2,400,000

For sale: Multiplex

Multiplex at 17 MOORE STREET, Carleton Place
Property type
Investment
MLS®
MLS® X13008374
Neighbourhood
909 - Carleton Place

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.

Sold data

Homes in Carleton Place — recent sold market

Homes in Carleton Place took a median of 39 days to sell over the last 90 days, with the quickest quarter selling within 22 days and the slowest quarter taking more than 62, across 73 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.

The median sale price was $598,900.

Homes sold for about 2.2% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

Around 33% of sellers reduced their price before finding a buyer.

Median days to sell
39
Median sale price
$598,900
Sale-to-list ratio
97.8%
Sold above asking
5%

Based on 73 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 17 MOORE STREET