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  • * $7,299,900
  • Acres234.97
  • Built2023
  • DOW23

400 Franktown Road, Carleton Place in Carleton Place, ON

This is a Multi-family Listing.

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400 Franktown Road, Carleton Place in Carleton Place

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:6289)

400 Franktown Road, Carleton Place, Ontario

Essential Information

  • MLS® #1296093
  • Price$7,299,900
  • Bathrooms0.00
  • Acres234.97
  • Year Built2023
  • TypeMulti-family
  • Sub-TypeFreehold
  • Days on Website23


  • Parking Spaces36


  • ExteriorStone, Siding

Community Information

  • Address400 Franktown Road
  • SubdivisionCarleton Place
  • CityCarleton Place
  • Postal CodeK7C2N5


  • HeatingElectric Baseboard heaters
  • # of Stories3

Listing Details

  • Listing OfficeEXP REALTY
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