Property Details

400 FRANKTOWN ROAD, Carleton Place, Ontario, K7C2N5

400 FRANKTOWN ROAD, Carleton Place, Ontario, K7C2N5 (ID 1296093)
Representative
Theresa Coulson portrait
Theresa Coulson
Broker of Record
Simcoe Hills Real Estate Inc. Brokerage
Cell: 705-323-7673
Tel: 705-325-6262
Website

$7,299,900 - For sale

ID#:1296093

ATTENTION INVESTORS! This 24 unit building is currently under construction and will be 100% complete on closing! Built by a QUALITY BUILDER with a successful portfolio, this 3-storey, 24-unit building will provide immediate cash flow. Conveniently located in the growing town of Carleton Place just 45 minutes from downtown Ottawa and halfway between the towns of Perth, Almonte and Smiths Falls. Walking distance to parks & recreation, shopping, transit and other essential amenities. This building features an efficient electric baseboard heating system and ERV's (energy recovery) in each unit, 1 hydro meter, an ELEVATOR, 36 parking spots with some handicapped accessible, income generating laundry facilities with coinamatic card operated machines, and 40-year fiberglass shingles. Income & expenses are estimated based on similar completed buildings. (id:2471)

Property Details
  • Property Address:400 FRANKTOWN ROAD, Carleton Place, Ontario, K7C2N5
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:234.97 ft X 0 ft acres
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Parking Space Total:36
Structure Details for 400 FRANKTOWN ROAD, Carleton Place, Ontario, K7C2N5
  • Building Age:2023
  • Heating Type:Electric, Baseboard heaters
  • Storeys:3
  • Exterior Type:Stone, Siding
Representative
Theresa Coulson portrait
Theresa Coulson
Broker of Record
Simcoe Hills Real Estate Inc. Brokerage
Cell: 705-323-7673
Tel: 705-325-6262
Website
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400 FRANKTOWN ROAD, Carleton Place, Ontario, K7C2N5

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