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Angie Hartmann

[email protected] +1(403) 589-5199

$ 579,900

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389 THOMAS STREET Carleton Place, ON K7C3Z3

4 Beds

2 Baths

700 SqFt

UPDATED:

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

Listed by CENTURY 21 SYNERGY REALTY INC.

Angie Hartmann

Agent

+1(403) 589-5199

Angie Hartmann

389 THOMAS STREET Carleton Place, ON K7C3Z3

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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389 THOMAS STREET