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Home ON Carleton Place
31 TOWNLINE ROAD E
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31 TOWNLINE ROAD E $1,099,900
$1,099,900
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31 TOWNLINE ROAD E
Carleton Place, Ontario K7C2C8

MLS® Number: 1386274

Listing Description

Attention Investors! Legal 5 Plex in Carleton Place, turn key and great cashflow. Incredible location, A stone's throw away to downtown shops and restaurants, Hospital, Schools, Landmarks. This Property consists of 3 easy to manage, 1bedroom units and 2 large 2bedroom units. Tenants have been vetted and are excellent! The building is well appointed on a large 77’ X 204’ lot with plenty of parking, possibility of future development/expansion. This building has been totally renovated in 2021 with proper building permits to comply with modern building and fire codes. Ideal property for a long-term investor looking to add a low maintenance property to their investment portfolio. Financials available upon request, 90k in gross income. (28134192)

Property Summary

Property Type
Multi-family
Storeys
2
Neighbourhood Name
CARLETON PLACE
Title
Freehold
Land Size
0.36 ac
Annual Property Taxes
$3,043
Total Parking Spaces
9
Time on REALTOR.ca
79 days

Building

Building Features
Foundation Type
Stone
Total Units
5
Heating & Cooling
Heating Type
(Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Siding
Maintenance or Condo Information
Maintenance Management Company
Self Managed -
Parking
Total Parking Spaces
9

Land

Lot Features
Frontage
77 ft
Land Depth
204 ft
Other Property Information
Zoning Description
5 Plex
Data provided by: Ottawa Real Estate Board 1826 Woodward Drive, Ottawa, Ontario K2C 0P7

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