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Investment signal

$595,000

80 TOWNLINE ROAD W

Save this home

Beds

Baths

1

Sqft

Year

Type

Industrial

Suite

Investment signal

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

Auto garage industrial warehouse building with interior office space on a large 0.485 acre lot. One hoist currently installed. The building is 2,108 square feet inclusive of the warehouse area, offices and dry storage. Additional storage area in a second level crawl space above the offices. Located in the heart of Carleton Place with commercial zoning which permits a wide variety of uses. A list of numerous improvements have been completed under current ownership. Use the building for an auto repair, or car detailing facility, or another use requiring a warehouse and lots of parking. The office can be used in its current configuration, or remove some interior walls to open up more warehouse space. One bay door at the front of the building and a second bay door at the back of the building offer drive-in and drive-out capability. High traffic, urban area offers great visibility and access. Baseboard heating in the office area and forced-air gas heat in the warehouse. An excellent long-term mixed-use or multifamily development site. Vacant possession. (id:65958)

Subtype
Industrial
Community
909 - Carleton Place
Living area
0
Lot size
21,140.3 acres
Lot dimensions
21140.3
On market
May 4, 2025
Status changed
Apr 24, 2026
Annual tax
$5,128 (2024)
Zoning
C2
Photos
29
MLS#
X12123031
Area
CARLETON_PLACE

Features and systems

Heating

Baseboard heaters

Cooling

None
Negative cash flow ~$682/mo at these assumptions

Cash on cash

-6.88%

Cap rate

3.49%

GRM

16.7

Break-even rent

$3,693

Financing

Down payment$119,000
Loan amount$476,000
Mortgage$2,412/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$273
Insurance$80
Maintenance$496
CapEx reserve$248
Vacancy loss$149

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 $2,412/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.

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