Browse All Carleton Place ON Multi-Family Properties for Sale

Welcome to 33 Napoleon Street, where timeless character, exceptional walkability and income potential come together in the heart of Carleton Place. This rare offering features two self-contained living quarters, two separate driveways and separate gas meters, providing outstanding flexibility for homeowners and investors alike. Live comfortably in the beautifully preserved three-bedroom main residence while generating approximately $20,000 annually from the rear one-bedroom suite, or lease both units for potential annual rental income of approximately $50,000. The main home showcases soaring 10-foot ceilings, stunning original millwork, oversized windows and light-filled principal rooms that blend historic charm with everyday comfort. Located just one block from vibrant downtown Carleton Place, you'll enjoy the convenience of walking to grocery stores, restaurants, cafés, boutiques, schools, parks, beaches, the library, hospital, clinics and scenic walking trails. The additional rental income can significantly offset monthly carrying costs, making homeownership more attainable while building long-term wealth through real estate. Whether you're searching for a charming century home with mortgage support or a turnkey investment opportunity, this is a property that delivers both lifestyle and financial value. Book your private showing today. Tenant in 1 bedroom unit currently - income awaits. Updates include: Seller purchased an addition of 871.88 sq.ft in the backyard (2025), Privacy cedars (2026), Washer/Dryer in unit A (2021), New refrigerator Unit A (2023), New 220amp panel Unit A (2021), stackable washer/dryer unit B (2022), total reno on unit B including electrical, plumbing, kitchen, bath, flooring, woodwork, trim, foundation support, exterior stairs, bedroom closet (2022 - $~65K+ value),gutters unit A&B (2021/22), window treatments and blinds unit A x13 (2022), 2x water heaters (2021), Front porch (2017),separate driveways (2013), garage roof & siding (2019) (id:5764)

33 Napoleon Street Unit A & B, Carleton Place

Listing courtesy of THE AGENCY OTTAWA.

$1,200,000

6 Beds ⋅ 4 Baths ⋅ X13218280 MLS® #

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. (id:5764)

85-87 Victoria Street, Carleton Place

Listing courtesy of CENTURY 21 SYNERGY REALTY INC.

$849,900

12 Beds ⋅ 5 Baths ⋅ X12800754 MLS® #

FOURPLEX! Welcome to 275 Bridge Street! Experience an exceptional investment opportunity in the thriving, family-friendly community of Carleton Place. This fourplex offers four spacious, well-designed 3-bedroom units, each featuring in-suite laundry for ultimate convenience. The current rental details: Unit 1: $1,800/month; Unit 2: $883/month; Unit 3: $1,185/month; Unit 4: $1,185/month with a lot of room for future growth. Tenants are responsible for their own utilities, contributing to an impressive annual cash flow of $44,378. Property Features for each unit: Furnace, Hot Water Tank, Separate Hydro Meter, 1 car garage and 1 exterior parking space. 100-amp electrical service for each unit. Ideally situated in a prime area with easy access to Highway 417, this fourplex is also conveniently close to schools, parks, trails, the river, and all the amenities that make Carleton Place so desirable. Don't miss the opportunity to invest in a property with such strong potential in one of the region's most sought-after neighborhoods! (id:5764)

275 Bridge Street, Carleton Place

Listing courtesy of INNOVATION REALTY LTD..

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