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.
Prime Turnkey Commercial Opportunity in Downtown Carleton Place!Incredible turn-key investment offering a bustling business, prime real estate, and living accommodations all in one package! Situated in a high-foot-traffic location in the heart of downtown Carleton Place, this commercial building features a fully updated, 52-seat restaurant equipped with a newly added large-screen TV and a charm-filled side alleyway with incredible potential for an intimate outdoor dining patio. The fully equipped commercial kitchen includes pizza ovens, a dishwasher, multiple refrigerators, and extensive storage with multiple large chest freezers in the basement.Adding exceptional value, the upper level boasts a bright and spacious 3-bedroom, 1-bathroom apartment-perfect for owner occupancy or generating substantial rental income from a tenant. Complete with a private parking space for 4 vehicles, an outdoor storage shed, and the sale including the turnkey business, building, all furnishings, and restaurant chattels, this complete package offers a seamless transition for an ambitious entrepreneur or savvy investor!
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
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$3,239/mo
Mortgage (principal + interest)$2,727
Property taxFrom listing: $6,145/yr$512
Minimum $47,900 down for this price; the slider moves in whole percent, starting at 7%. 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$145,800
Ontario land transfer taxProvincial brackets, no first-time refund$11,055
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$159,655
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Carleton Place 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.
