$1,200,000
FOR SALE

Fourplex 2-Storey

Bedrooms: 6Bathrooms: 4Lot: 52.1 x 109.52 ft
2026 Taxes: $4,121

85-87 Victoria St
Carleton Place, ON K7C 2W5 | 909 - Carleton Place | Lanark

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.
Extras
Other, Water Heater Owned
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Listed By CENTURY 21 SYNERGY REALTY INC
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X13218280
Last Updated May 30, 2026
Property Summary
Property Type Fourplex

More like this:
PIN 053060209
Legal Description PLAN 276 PT LOT 16 RP 26R2795 PART 1 and PLAN 276 PT LOT 15 SECTION C RP 26R2795 PART 2
Possession Date TBD
Taxes (2026) $4,121
Directions/Cross Streets Lake Ave to Victoria Street
Neighbourhood 909 - Carleton Place
Area Lanark
Price History

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Detailed Information
Fronting On East
Special Designations Unknown
Bedrooms 6
Bathrooms 4
Lot 52.1 x 109.52 ft
Exterior Vinyl Siding
Air Conditioning Window Unit(s)
Basement Other, Unfinished
Garage Type Attached
Parking Spaces 4
Heat Source Gas
Heat Type Forced Air
Sewers Sewer

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