113 Bridge Street, Carleton Place, Ontario, K7C2V4
This retail property in Carleton Place is for sale offering roughly 2,281 sq ft of space. It has been on the market 14 days, fresher than the Carleton Place average of 55 days.
An excellent investment opportunity in the heart of downtown Carleton Place! Situated along busy Bridge Street, this solid mixed-use building offers great visibility, strong foot traffic and three income-generating units. The main level features approximately 1,000 sq. ft. of commercial space with two large display windows, an open retail area, workshop space, bathroom, kitchenette, storage and rear access. A full-length basement provides additional storage space. The upper level offers two residential rental units, including a bachelor apartment and a one-bedroom apartment. Numerous updates have been completed throughout the property, including new flooring in the commercial space and rear apartment, exposed brick restoration, improvements to the common hallway and stairway, and updates to the front apartment featuring new flooring, kitchen cabinetry and exposed brick accents. Offering a steady income stream with established tenants, this property is a great addition to any investment portfolio. Located in a vibrant downtown setting surrounded by established businesses, shops and restaurants. A fantastic opportunity to own a piece of Carleton Place's thriving downtown core! The sale includes the building and real estate only. (id:66096)
Features and services as supplied by the listing brokerage.
Active: 14 days on market, against an average age of 55 days across the listings currently for sale in this city
Homes here sell close to asking price
Homes in this market sold for an average of 98.0 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This retail in Carleton Place has been listed for 14 days, which is 41 days fresher than the city average of 55. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $559,000, about 5.6× the local median household income of $99,000.
Carrying it typically needs a household income of about $109,192 (20% down, 25-yr amortization, stress-tested) — roughly 10% above the area median.
Source: Statistics Canada, 2021 Census (FSA K7C)
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