ON > Lanark > 909 - Carleton Place
Lanark, ON K7C 2R4,17 Moore ST
Lanark, ON K7C 2R4,17 Moore ST
Lanark, ON K7C 2R4,17 Moore ST
Lanark, ON K7C 2R4,17 Moore ST
Lanark, ON K7C 2R4,17 Moore ST
Lanark, ON K7C 2R4,17 Moore ST
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Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 2,645,000
Est. payment | /mo

10,354 SqFt

Save
$ 2,645,000
Est. payment | /mo
Save

10,354 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 10,354 sqft

Price per Sqft $255

Subdivision 909 - Carleton Place

MLS Listing ID X12295393

Annual Tax Amount $18,150

Tax Year 2024

Property Sub-Type Investment

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.

Location

Province ON

County Lanark

Community 909 - Carleton Place

Area Lanark

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 62.0

Others

ParcelsYN No

Listed by EXP REALTY
Fawad Nissari

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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