85-87 Victoria Street, Carleton Place, ON
Property Highlights
Welcome to this remarkable 2-Storey fourplex located in the coveted neighborhood of Carleton Place. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,200,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 6 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 52.1 x 109.52 ft lot
- Features a other, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Other, Water Heater Owned
- equipped with window unit(s) central cooling and highly efficient forced air heating via gas
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.
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Property Summary
This fourplex located at 85-87 Victoria Street, Carleton Place is currently for sale and has been available on SousaSells for 92 days. This property is listed at $1,200,000 with an estimated mortgage of $3,994* per month. It has 6 beds, 4 bathrooms, and is 2500-3000 square feet. 85-87 Victoria Street, Carleton Place is in the Carleton Place neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 6 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Carleton Place, Carleton Place.
- •6 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •2500-3000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Carleton Place, Carleton Place.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Other
- Water Heater Owned
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 85-87 Victoria Street, Carleton Place, ON
Q.What is the asking price for 85-87 Victoria Street, Carleton Place, ON ?
The current listing price for 85-87 Victoria Street, Carleton Place, ON in Carleton Place, Carleton Place is $1,200,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 4 bathrooms across approximately 2500-3000 sqft.
Q.What property type and architectural style is 85-87 Victoria Street, Carleton Place, ON ?
85-87 Victoria Street, Carleton Place, ON is a Fourplex (2-Storey) featuring a Other, Unfinished basement.
Q.What interior features are included in this home?
Interior highlights include: Other, Water Heater Owned.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Window Unit(s).
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Location
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Carleton Place, Carleton Place
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 85-87 Victoria Street, Carleton Place, ON K7C 2W5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Carleton Place, ON
For a property listed at $1,200,000 in Carleton Place, the legal minimum down payment is $240,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $20,475 for this transaction. As this listing is in Carleton Place (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $20,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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