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$624,900
Carleton Place
199-201 William Street, Carleton Place, Ontario, K7C1X2
This multi-family property in Carleton Place is for sale.
Discover an excellent investment opportunity in the heart of Carleton Place! Situated on a large, private lot backing onto a scenic pathway, this charming duplex offers two self-contained units and plenty of potential. The spacious three-bedroom unit is filled with country character and features a functional layout, a convenient two-piece bathroom, and main-floor laundry. The second unit offers one bedroom and one full bathroom, providing an ideal space for a tenant, extended family, or additional income. A detached garage offers valuable storage, with one side designated for each unit. Centrally located close to shops, restaurants, schools, parks, and everyday amenities, this income-generating property is a fantastic addition to any investment portfolio or an excellent opportunity to live in one unit while renting the other. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 94 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 4-bed multi-family in Carleton Place is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $624,900, about 6.3× the local median household income of $99,000.
Carrying it typically needs a household income of about $122,065 (20% down, 25-yr amortization, stress-tested) — roughly 23% above the area median.
Source: Statistics Canada, 2021 Census (FSA K7C)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.