85-87 Victoria Street, Carleton Place, ON

$1,200,000
MLS#:X13218280
6 beds
4 baths
2500-3000 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] fourplex located in the coveted neighborhood of 909 - 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

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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Key Features

Bedrooms
6
Bathrooms
4
Kitchens
4
Living Area
2500-3000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date5/29/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeFourplex
ConstructionVinyl Siding
Lot Size52.1 × 109.52 Feet
CountyLanark
Annual Tax$4,121
Legal DescriptionPLAN 276 PT LOT 16 RP 26R2795 PART 1 and PLAN 276 PT LOT 15 SECTION C RP 26R2795 PART 2

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Window Unit(s)"]

Features

Property Features

Community Features

Location

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85-87 Victoria Street, Carleton Place, ON
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Property History

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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

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$960,000
Monthly Mortgage$5,578
Property Tax (Est.)$343
Utilities & Maint.$350
Total Monthly Cost$6,271

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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85-87 Victoria Street, Carleton Place - 6 Bed 4 Bath Home For Sale | MLS# X13218280 | ZooZaa | SousaSells Real Estate