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Carleton Place,ON K7C3Z3
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 700 sqft
Price per Sqft $828
Subdivision 909 - Carleton Place
MLS Listing ID X12340659
Style Raised bungalow
Bedrooms 4
Property Sub-Type Freehold
Source Ottawa Real Estate Board
Property Description
This solid bungalow on a desirable corner lot in Carleton Place is fully developed with an in-law suite in the lower level offering flexibility for investors, multi-generational families, or owner-occupiers looking for a mortgage helper. The updated top floor has it's own entrance & driveway, featuring 3 beds/1 bath, a corner gas fireplace in the living room and stackable washer/dryer. Current tenants pay $1,670.66/month all-inclusive, providing steady income from day one. The self-contained lower level offers 1 bed + den, 4pc bath, it's own laundry, a separate entrance & driveway & will be vacant by October 1, 2025, allowing you to choose your own tenants and set your rent (estimated at $1,600/month). Enjoy a 5% cap rate based on projected income. The corner lot provides space privacy with each unit having their own deck, driveway, and private fenced yard. Carleton Place is one of Eastern Ontario's fastest-growing communities, known for its charming small-town atmosphere, strong economy, and easy access to Ottawa. Just 26 minutes to Kanata and under 45 minutes to downtown Ottawa, its a prime choice for commuters seeking more space and affordability without sacrificing amenities including grocery stores, big-box retailers, boutique shops, restaurants & recreational facilities. A vibrant historic downtown along the Mississippi River attracts residents & visitors alike with cafes, galleries & seasonal events. With rapid population growth and limited rental supply, there is a strong rental demand and competitive market rents. Infrastructure improvements, new housing developments, and expanding services continue to enhance property values. For families, the community offers quality schools, parks, trails, and waterfront activities. Whether you're seeking a stable rental investment or a home in a growing, commuter-friendly town, Carleton Place delivers a balance of lifestyle and opportunity. Recent fire code inspection & expenses on file. Call to book your showing today! (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Lower level 2.36 m X 2.25 m Den
Extra Room 2 Lower level 3.98 m X 1.48 m Bathroom
Extra Room 3 Lower level 1.9 m X 1.92 m Utility room
Extra Room 4 Lower level 7.79 m X 4.71 m Living room
Extra Room 5 Lower level 3.35 m X 3.58 m Kitchen
Extra Room 6 Lower level 3.51 m X 3.58 m Bedroom
Interior
Heating Forced air
Cooling Window air conditioner
Fireplaces Number 2
Exterior
Parking Features No
Fence Fully Fenced
Community Features School Bus,Community Centre
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Lot Description Landscaped
Story 1
Sewer Sanitary sewer
Architectural Style Raised bungalow
Others
Ownership Freehold