The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
An exceptional opportunity to own one of the Village of Carp's most recognizable commercial properties, ideally located in the heart of the village on busy Main Street with excellent visibility and accessibility. This long-established general store has served the Carp community for over 100 years, while the current owner has operated it for more than 16 years and is now preparing for retirement. The business enjoys a loyal customer base, stable revenue, and multiple income streams, making it ideal for owner-operators and investors. The business offers convenience store sales, groceries, beverages, snacks, household essentials, tobacco products, OLG Lottery, and a valid liquor licence. Financial statements are available to qualified buyers upon execution of a Confidentiality Agreement. Inventory is extra and shall be valued at cost on completion. The business may be purchased separately, or together with the property, offering flexibility for different investment strategies. The property sits on a generous lot with a large concrete parking area accommodating approximately 10-12 vehicles. Zoned VM (Village Mixed-Use), it supports a variety of commercial and residential uses with strong long-term investment and redevelopment potential. The upper level features a separate private entrance, four spacious bedrooms, and one full bathroom, suitable for owner occupancy, staff accommodation, professional office use, or a separate residential rental. The current owner has completed substantial capital improvements, including upgrades to the parking area, building systems, flooring, roof, equipment, and other components. Please refer to the attached Feature Sheet for full details. Whether you are seeking a turnkey business, mixed-use income property, owner-occupied commercial opportunity, or future redevelopment site, this rare offering combines an established local business, flexible residential space, excellent exposure, and strong long-term potential in the heart of Carp.
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Owners vs Renters
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$4,144/mo
Mortgage (principal + interest)$3,704
Property taxFrom listing: $5,283/yr$440
Minimum $74,000 down for this price; the slider moves in whole percent, starting at 8%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$198,000
Ontario land transfer taxProvincial brackets, no first-time refund$16,275
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$217,075
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Carp - Huntley Ward has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
