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$7,299,900
400 Franktown Road, Carleton Place, ON K7C 2N5
0 Beds
0 Baths
n/a SqFt

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ATTENTION INVESTORS! This 24 unit building is currently under construction and will be 100% complete on closing! Built by a QUALITY BUILDER with a successful portfolio, this 3-storey, 24-unit building will provide immediate cash flow. Conveniently located in the growing town of Carleton Place just 45 minutes from downtown Ottawa and halfway between the towns of Perth, Almonte and Smiths Falls. Walking distance to parks & recreation, shopping, transit and other essential amenities. This building features an efficient electric baseboard heating system and ERV's (energy recovery) in each unit, 1 hydro meter, an ELEVATOR, 36 parking spots with some handicapped accessible, income generating laundry facilities with coinamatic card operated machines, and 40-year fiberglass shingles. Income & expenses are estimated based on similar completed buildings. (id:5764)
  • Price:
  • $7,299,900
  • Year Built:
  • 2023
  • Listing ID #:
  • 1296093
  • Street Address:
  • 400 Franktown Road
  • City:
  • Carleton Place
  • Province:
  • Ontario
  • Postal Code:
  • K7C 2N5
  • Subdivision:
  • Carleton Place
  • Listing Status:
  • Active
  • Listing Type:
  • Multi-family
  • Number Of Units:
  • 24
  • Stories:
  • 3
  • Year Built:
  • 2023
  • Road Frontage:
  • 235 Ft
  • Originating Mls:
  • Ottawa Real Estate Board
  • Subdivision:
  • Carleton Place
  • Parking Spaces:
  • 36
  • Heating Fuel:
  • Electric
  • Sewage Type:
  • Municipal Sewage System
  • Listing Provided By EXP REALTY