INVEST IN THIS RARE FIND! 4-UNIT FOURPLEX WITH AMPLE PARKING, DURABLE FINISHES, AND ENDLESS POSSIBILITIES IN CARLETON PLACE, ONTARIO.

Asking Price: $699,000
60 Coleman Street Carleton Place, ON Canada

About 60 Coleman Street:

Attention multi-family property investors! We are thrilled to present to you this amazing fourplex located in the heart of Carleton Place, Ontario, Canada. This property boasts a total of four units, making it the perfect investment for those who are looking to expand their real estate portfolio.

Situated on a spacious 0.14-acre lot, this two-story building is a rare find in this highly sought-after neighbourhood. With a frontage of 113 ft, there is ample space for parking, making it convenient for both you and your tenants. The parking lot is surfaced, allowing for easy maintenance and ensuring that your tenants always have a place to park their vehicles.

The exterior of this building is finished with a beautiful combination of brick and vinyl, which not only enhances its curb appeal but also ensures that it is durable and long-lasting. The interior of each unit features mixed flooring, which is easy to clean and maintain, ensuring that your tenants are always comfortable.

Each unit offers a blank canvas for customizing and making it your own. With no bathrooms, you have the freedom to design each unit to suit your tenants' needs. The possibilities are endless! Whether you choose to install a full bath, a half bath, or a combination of both, you can rest assured that your investment will pay off in the long run.

The building features a total of 4 units, making it easy to manage and maintain. The attached style ensures that each unit is accessible and private, providing your tenants with a sense of security and comfort. The crawl space basement type (not applicable) ensures that there is ample space for storage, allowing your tenants to make the most of their living space.

The heating and cooling system of this building is designed to keep your tenants comfortable all year round. With baseboard heaters and forced air, your tenants can enjoy a warm and cozy living space in the winter months and stay cool during the summer months. Although the building comes with no cooling system, the natural breeze can keep your tenants comfortable during the summer.

This property is zoned as residential, opening up endless possibilities for the savvy investor. Whether you choose to rent out all four units or live in one and rent out the others, you can rest assured that you are making a wise investment that will pay off in the long run.

This property is conveniently located near public transit, making it easy for your tenants to get around the city. The neighbourhood is also home to a variety of amenities, including shopping centers, recreation areas, and parks, making it a desirable location for those who want to live in a quiet and peaceful neighbourhood while still enjoying the convenience of city living.

The annual property taxes for this property are CAD 4,944, making it an affordable investment for those who are looking to expand their real estate portfolio. With a total of 6 parking spaces, this property is sure to attract tenants who are looking for a convenient and comfortable living space.

In conclusion, this fourplex is a rare find in the heart of Carleton Place, Ontario, Canada. With a spacious lot, durable exterior finishes, and ample parking, this property is the perfect investment for those who are looking to expand their real estate portfolio. Don't miss out on this amazing opportunity! Contact us today to schedule a viewing.

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Features of Property

Type of Real Estate

Multi-family

Type of Building

Fourplex

Floors

2

Neighbourhood Name

Carleton Place

Land Size

0.14 ac

Annual Property Taxes

$4,944 (CAD)

Parking Type

Surfaced

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Features of Building

Bathrooms
Total

0

Partial

0

Interior Features
Flooring

Mixed Flooring

Basement Type

Crawl space (Not Applicable)

Building Features
Style

Attached

Total Units

4

Heating & Cooling
Other

None

Heating System

Baseboard heaters (Electric), Forced air (Natural gas)

Utilities
Utility Sewer

Municipal sewage system

Water

Municipal water

Exterior Features
Exterior Finish

Brick, Vinyl

Neighbourhood Features
Nearby

Public Transit, Recreation Nearby, Shopping

Parking
Parking Type

Surfaced

Number of Parking Spaces

6

Plot Details

Lot Features
Frontage

113 ft

Other Property Information
Zoning Description

Residential

Lease Type

Other, See Remarks

Property Agents

Hamid Riahi

POWER MARKETING REAL ESTATE INC.

791 MONTREAL ROAD, OTTAWA, Ontario K1K0S9

Amirali Ghaderizadeh

POWER MARKETING REAL ESTATE INC.

791 MONTREAL ROAD, OTTAWA, Ontario K1K0S9