Advantage Group Real Estate
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$1,200,000
85-87 Victoria Street • Carleton Place, ONNew
Courtesy of CENTURY 21 SYNERGY REALTY INC.
6
Bedrooms
4
Bathrooms
2500-3000
Square feet
4
Parking

About this home

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.

Property details

Property type
Fourplex
Style
2-Storey
Total rooms
16
Lot size
52.1 × 109.52 ft
Property taxes
$4,121 (2026)
Occupancy
TBD
Days on market
94
Status
Active
MLS®

Property history

Location

Open in Google Maps

Recently sold nearby

Listing data last updated: Aug 31, 2026, 9:50 a.m. EDT via TRREB IDX.

First listed: May 30, 2026, 1:36 p.m. EDT.