400 FRANKTOWN ROAD, Carleton Place, Ontario, K7C2N5
Property TypeMulti-family Built in2023

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:46094)

Management CompanyEOPMG - OwnershipFreehold
Parking Spaces36 TransactionFor sale
Zoning DescriptionR3
Constructed Date2023 Exterior FinishStone, Siding
Bathrooms (Half)0 Bathrooms (Total)0
Heating FuelElectric HeatingBaseboard heaters
Storeys Total3 Utility WaterMunicipal water
Size Frontage235 ft SewerMunicipal sewage system
Size Irregular234.97 ft X 0 ft

Listing Office: EXP REALTY

Data Provided by Ottawa Real Estate Board

Last Modified :03/06/2022 09:10:41 AM

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