For Sale: 85-87 Victoria Street, Carleton Place, ON - REW
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$1,200,000
6 bd 4 ba 2500 - 2999 sf Multifamily

85-87 Victoria StreetCarleton Place, ON, K7C 2W5

  • 6 Bed
  • 4 Bath
  • 2500 - 2999 Sqft
  • Multifamily

About this home

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. (id:63626)
Listed by: Curtis Murphy, Salesperson, CENTURY 21 SYNERGY REALTY INC

Home facts and features

Price details
List Price
Gross Taxes for 2025
$4,121
Home facts
Bedrooms
6
Full Bathrooms
4
Parking Spaces
4
Parking Details
Attached Garage, No Garage
Property Type
Multifamily
Depth
109.5 feet
Frontage
52.1 feet
Exterior Finish
Vinyl siding
Heating Type
Forced air, Natural gas
Cooling
Window air conditioner
Basement Details
Unfinished, Other, See Remarks, ,
Appliances
Dishwasher, Dryer, Refrigerator, Stove, Washer, Water Heater
Agent details
Primary Agent
Curtis Murphy
Primary Broker
CENTURY 21 SYNERGY REALTY INC
Secondary Agent
Jena Nadon
Secondary Broker
CENTURY 21 SYNERGY REALTY INC
Listing details
Days on REW
10 Days
MLS® Number
X13218280
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

St Mary's School
  • Catholic
  • JK - 6
Caldwell Street Elementary School
  • Public
  • JK - 6
Carleton Place High School
  • Public
  • 7 - 12
St. Gregory Catholic School
  • Catholic
  • JK - 6
Arklan Community Public School
  • Public
  • JK - 6
Notre Dame Catholic School
  • Catholic
  • 7 - 12
É Élém C J.-L.-Couroux
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-09.