ON > Lanark > 909 - Carleton Place
Lanark, ON K7C 2R4,17 Moore ST
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Lanark, ON K7C 2R4,17 Moore ST
Lanark, ON K7C 2R4,17 Moore ST
Lanark, ON K7C 2R4,17 Moore ST
Lanark, ON K7C 2R4,17 Moore ST
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 2,645,000
Est. payment /mo
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Active

17 Moore ST Lanark, ON K7C 2R4

10,354 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 10,354 sqft

Price per Sqft $255

Subdivision 909 - Carleton Place

MLS Listing ID X12295393

Annual Tax Amount $18,150

Tax Year 2024

Property Sub-Type Investment

Lot Front 62.0

Property Description

Purpose-built in 2018, this low-maintenance mixed-use building features six fully self-contained residential units and two ground-floor commercial spaces with a 5.4% cap-rate at asking. The residential mix includes two 3-bed, 2-bath units, one accessible 2-bed, and three spacious 2-beds all with private HVAC, in-suite laundry, dishwashers, decks, and upgraded finishes! All residential units are exempt from rent control, offering strong rental upside. The property is supported by an assumable CMHC-insured RBC mortgage ($1.45M @ 4.25%) and a potential second-position VTB, creating an attractive capital-light entry with immediate cash flow and long-term growth. An ideal hands-off investment with rent control exemption, strong in-place cash flow, and financing options that support a low-equity acquisition in one of Eastern Ontario's fastest-growing markets just outside of Ottawa.

Location

Province ON

County Lanark

Community 909 - Carleton Place

Area Lanark

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 62.0

Others

ParcelsYN No

Listed by EXP REALTY
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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17 Moore ST

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