85-87 Victoria Street Carleton Place, ON K7C 2W5
Listing Courtesy of: PropTX / Listed By: Curtis Murphy, Century 21 Synergy Realty Inc. Brokerage; Jena Nadon, Century 21 Synergy Realty Inc. Brokerage

  85-87 Victoria Street Carleton Place, ON K7C 2W5

Active (12 Days)
$1,200,000 (CAD)
6
BED
4
BATH
2500-3000
SQFT

Description

Exceptional investment opportunity in the heart of Carleton Place! Formerly configured as a triplex with commercial office space, the property has since been converted into four residential units and extensively updated throughout. The building features separate hydro meters, two forced-air furnaces servicing front and rear units separately, updated ductwork completed in 2024, and four owned hot water tanks installed in 2024. Many original character details remain including beautiful hardwood strip flooring throughout much of the property. Windows appear to be vinyl clad and the large 16' x 12' upper deck with direct access from the living area provides excellent outdoor space for tenants.Strong rental appeal with a desirable unit mix, ample on-site parking, plus additional public parking directly behind the property. Excellent opportunity for investors seeking cash flow, future appreciation, and development upside with the included severed lot. Located close to downtown amenities, shopping, restaurants, schools, and transit in one of Eastern Ontario's fastest-growing communities. All kinds of possibilities with this unique income property.

MLS®:
X13218280
Taxes
$4,121(2026)
Type
Multifamily
Style
2-Storey
County
Lanark County
Community
909 - Carleton Place

Listed By

Curtis Murphy, Century 21 Synergy Realty Inc. Brokerage
Jena Nadon, Century 21 Synergy Realty Inc. Brokerage
Source
PropTX
Last checked Jun 10 2026 at 10:17 PM EDT
Bathroom Details
Interior Features
  • Water Heater Owned
  • Other
Property Features
  • Foundation: Stone
Heating and Cooling
  • Forced Air
  • Window Unit(s)
Basement Information
  • Unfinished
  • Other
Pool Information
  • None
Exterior Features
  • Vinyl Siding
  • Roof: Asphalt Shingle
Utility Information
  • Utilities: Municipal
  • Sewer: Sewer
  • Fuel: Gas
  • Energy: Energy Certificate: No
Garage
  • Attached
Stories
  • 2
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