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Investment signal

$699,999

3740 CARP ROAD

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Beds

—

Baths

—

Sqft

1,583

Year

—

Type

Retail

Suite

Investment signal

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Location nearby

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

About this home

Fully leased commercial investment opportunity with a tenant secured through April 2027, providing immediate and stable income. Building and land for sale - business not included. Ideally situated in the heart of Carp, just steps from the renowned Carp Fairgrounds and with convenient access to Ottawa. Carp continues to experience steady growth (200 + homes being built in the near future) as a desirable village community, supporting consistent demand for local businesses and services. Zoned VM (Village Mixed Use), the property permits a wide range of commercial and mixed-use possibilities, offering excellent long-term flexibility and redevelopment potential. Notable capital updates enhance the value and reduce future expenses: roof (2011/2013), furnace (2022), hot water tank (2022), electrical panel (2022), and upgraded insulation (2023).A solid addition to any investment portfolio in an expanding and vibrant market. Lease details available to qualified buyers upon request. (id:65958)

Subtype: Retail
Community: 9101 - Carp
Living area: 1,583 square feet
Lot size: 1,583 acres
Lot dimensions: 1583
On market: Feb 19, 2026
Status changed: Apr 24, 2026
Annual tax: $4,696.08 (2025)
Zoning: VM
Photos: 48
MLS#: X12802094
Area: OTTAWA

Features and systems

Heating

Forced airNatural gas

Cooling

Fully air conditioned

Lot

Irregular lot size

Negative cash flow ~$788/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

-6.76%

Cap rate

3.51%

GRM

16.7

Break-even rent

$4,330

Financing

Down payment$140,000

Loan amount$559,999

Mortgage$2,837/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$321

Insurance$80

Maintenance$583

CapEx reserve$292

Vacancy loss$175

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 $2,837/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.