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Investment signal

$2,400,000

17 MOORE STREET

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Type

Multi-family

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Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Carleton Place. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

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 5.5% 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. (id:65958)

Subtype: Multi-family
Structure: Multi-Family
Community: 909 - Carleton Place
Living area: 10,354 square feet
Lot dimensions: 62 FT
On market: Apr 16, 2026
Status changed: Apr 24, 2026
Annual tax: $18,150
Zoning: C3
Photos: 18
MLS#: X13008374
Area: CARLETON_PLACE

Features and systems

Appliances

WasherDryer

Heating

Forced airNatural gas

Cooling

Fully air conditioned

Negative cash flow ~$2,508/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.27%

Cap rate

3.61%

GRM

16.7

Break-even rent

$14,640

Financing

Down payment$480,000

Loan amount$1,920,000

Mortgage$9,728/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,100

Insurance$80

Maintenance$2,000

CapEx reserve$1,000

Vacancy loss$600

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $9,728/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.