Lanark, ON K7C 3J4,254-256 THOMAS ST

$505,000

$549,000

8.0%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 11/28/2024

Key Details

Sold Price $505,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID X9520844

Sold Date 11/28/24

Annual Tax Amount $3,725

Tax Year 2024

Property Description

Flooring: Hardwood, Flooring: Mixed, Calling all investors! Rare opportunity to own a duplex on an extra-large corner lot in the heart of Carleton Place, right across the street from Findlay Park and just a short walk to the beach and Bridge St. This unique property offers endless potential for rental income or multi-generational living. Each unit features separate entrances, utilities, and ample space for tenants. The oversized lot provides room for future development or expansion, making it a smart investment for both short and long-term gains. Unit details are as follows: 254 Thomas pays $2000+ heat & hydro. 256 Thomas pays $1298.85+ heat & hydro (tenant has been given rent increase for Jan2025. 254 is a 2 bed/2 bath unit, 256 is a 2 bed/1 bath unit. 2 Furnaces and 2 hot water tanks both owned. (254 HWT new Aug 2024. 24 hr irrevocable on all offers. 24 hour notice needed for tenants for all showings. Showings from 11:00am-7:30pm.

Location

Province ON

County Lanark

Community 909 - Carleton Place

Area Lanark

Zoning Residential

Region 909 - Carleton Place

City Region 909 - Carleton Place

Rooms

Basement Other, Unfinished

Interior

Interior Features Water Heater Owned

Cooling None

Exterior

Garage Spaces 6.0

Roof Type Asphalt Shingle

Lot Frontage 81.0

Lot Depth 94.0

Total Parking Spaces 6

Building

Foundation Stone

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Listed by EXIT REALTY MATRIX
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8854 Yonge St, L4C 0T, Hill, Ontario, Canada

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