NewFor Sale

85-87 Victoria Street
Carleton Place, Lanark, ON, K7C 2W5

Fourplex
TRREB
MLS® Number: X13218280

CENTURY 21 SYNERGY REALTY INC.

Listing brokerage
Estimated Value
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$1,200,000List Price
6Bedrooms
4Bathrooms
0Garages
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Listing History

Buy/sell history for 85-87 Victoria Street, Carleton Place, ON K7C 2W5

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Current valuation for 85-87 Victoria Street, Carleton Place, ON K7C 2W5. Listed for $1,200,000 on 2026-10-19

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Description

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.

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Amenities

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Summary

Tax:$4,121 / 2026
Listing #:X13218280
Property Type:Fourplex, 2-Storey
Size:2500-3000 feet²
Land Size:52.1 x 109.52
Days on CPRB:
Garage:Attached
Locker:None
On CPRB Since:
Listing Brokerage:CENTURY 21 SYNERGY REALTY INC.

Details

Property

Property Type:Fourplex
Style:2-Storey
Community:909 - Carleton Place
Municipality:Lanark

Building

Size:2500-3000 feet²
Construction:Vinyl Siding

Inside

Bedrooms:6
Bedrooms Above Grade:6
Bathrooms:4
Kitchens:4
Family Room:No
Appliances Included:Other, Water Heater Owned
Basement:Other, Unfinished

Parking

Garage Type:Attached
Garage Spaces:0
Total Parking Spaces:4

Utilities

Cooling:Window Unit(s)
Heating Type:Forced Air
Heating Fuel:Gas
Utility Sewer:Sewer

Land

Cross Street:Lake Ave to Victoria Street

$1,200,000

List price

85-87 Victoria Street, Carleton Place – Fourplex for sale · MLS® # X13218280