85-87 Victoria Street
Carleton Place, ON K7C 2W5
- 6Bedrooms
- 4Bathrooms
- 4Parking
- 2500–3000Sq Ft
- $4,121Tax
- 52×110 ftLot Size
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Sale & Price History for 85-87 Victoria Street, Carleton Place
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 85-87 Victoria Street, Carleton Place
Summarized Description
- Exceptional investment opportunity in Carleton Place
- Converted into four residential units
- Extensively updated with modern features
- Strong rental appeal with desirable unit mix
- Ample on-site and public parking available
- Close to downtown amenities and transit
- Future appreciation and development potential
- Original character details enhance property charm
Exceptional investment opportunity in the heart of Carleton Place! Formerly configured as a triplex with commercial office space, the property has since been converted into four residential units and extensively updated throughout. The building features separate hydro meters, two forced-air furnaces servicing front and rear units separately, updated ductwork completed in 2024, and four owned hot water tanks installed in 2024. Many original character details remain including beautiful hardwood strip flooring throughout much of the property. Windows appear to be vinyl clad and the large 16' x 12' upper deck with direct access from the living area provides excellent outdoor space for tenants.Strong rental appeal with a desirable unit mix, ample on-site parking, plus additional public parking directly behind the property. Excellent opportunity for investors seeking cash flow, future appreciation, and development upside with the included severed lot. Located close to downtown amenities, shopping, restaurants, schools, and transit in one of Eastern Ontario's fastest-growing communities. All kinds of possibilities with this unique income property.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,121
- Land Transfer Tax Fee
- $20,475
- Basement Type
- Other, Unfinished
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- Other, Water Heater Owned
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Stone
- Special Designation
- Unknown
Lot
- Lot Front
- 52.10 ft
- Lot Depth
- 109.52 ft
Inclusions
- Inclusions
- Stove, Dryer, Washer, Refrigerator, Dishwasher ( each unit), 4x hot water tanks
Exclusions
- Exclusions
- Tenants Belongings
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 0
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Window Unit(s)
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 6
- Washrooms
- 4
- Kitchens
- 4
Washrooms
- 3-piece
- Municipality
- Carleton Place
- Neighbourhood
- Carleton Place
- Main cross streets
- Lake Ave to Victoria Street
- Directions
- Lake Ave to Victoria Street
- MLS® number
- X13218280
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-05-29
- Updated on
- 2026-08-31
- Days on market
- 141 days
- Possession type
- Flexible
- Co-op commission
- 2
- Seller
- Listed by
- CENTURY 21 SYNERGY REALTY INC
Home Market Value
Current home valuation for 85-87 Victoria Street, Carleton Place, Carleton Place, ON. Listed for $1,200,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 85-87 Victoria Street, Carleton Place
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $700,000 over $500K
$95,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $44,160 | $33,480 | $28,560 | $0 |
=Total mortgage | $1,148,160 | $1,113,480 | $1,048,560 | $960,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,606monthly | $5,437monthly | $5,120monthly | $4,687monthly |
Land Transfer Tax
$20,475
$20,475
Around this home
No schools found nearby
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