181 Wellington Street, Carleton Place

$615,000
181 Wellington Street

$615,000

New
29d
DetachedSidesplit

181 Wellington Street, Carleton Place

Total Monthly Obligation $3,147

Beds
3
Baths
2
Park
3
Sqft
1100-1500
DOM
29d
Score
22
Yield
5.6%
Cash on Cash
0.3%
Cap Rate
4.6%
5Y IRR
15.8%
10Y IRR
14.8%
Property Type-Detached
MLS® Number-X13823896
Beds-3
Bathrooms-2
Size-1100-1500 sqft
Lot Size-60 × 86.91 ft
Listed on site-Sep 24, 2026
Style-Sidesplit
Building Type-Detached
Age-51-99
Taxes-$3,490.78 (2026)
Parking-3 - None
Basement-Finished, Full
Heating-Forced Air (Gas)
Brokerage-RE/MAX HALLMARK REALTY GROUP
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick, Aluminum Siding
Roof-Asphalt Shingle
Foundation-Block
Sewer-Sewer
Possession-TBD
Neighbourhood-909 - Carleton Place
Title-Residential Freehold

No agent assigned

Welcome to 181 Wellington Street, ideally located in the centre of Carleton Place. Beautifully renovated, fully finished and move in ready! This 3 bedroom, 2 full bathroom detached split level home is situated on a large lot and surrounded by mature trees with no rear neighbours. Step inside and you'll immediately notice the fresh modern updates throughout. The interior has been freshly painted with new flooring, modern light fixtures and an upgrade list too long to list. (feature sheet available). The kitchen is stunning (2025)! Enjoy newer stainless steel appliances, extended cabinets, plenty of counter space, a pantry with pull out drawers and a large farmhouse sink overlooking the backyard. The main level is complete with 3 good sized bedrooms and a tastefully renovated full bathroom with double sinks and quartz countertop (2025). The finished lower level adds valuable living space and includes a renovated full bathroom (2026), laundry area and a large crawl space for additional storage. The recreation room is open and has large windows allowing plenty of natural light through the space. Heading out back, enjoy the fully fenced, expansive and private yard. The deck is a great spot to relax and enjoy nature or entertain family and friends. Located close to parks, the hospital, groceries and walking distance to downtown Carleton Place with several shops, restaurants, shopping and more! Enjoy small town charm in a growing community. Notables: Furnace 2026, Windows 2024, A/C 2017, Roof Shingles approx. 2010 (according to previous MLS listing) See feature sheet attached for list of improvements since 2024. All you need to do is move in and enjoy! Minimum 24 Hour irrevocable on offers, Schedule B (deposit) to be included with offers.

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%
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$
(utilities, internet...)
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%
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Closing Costs

Mortgage Amount
$492,000
Land Transfer Taxes$8,775
Legal Fees (Est.)
$
Total cash required for closing$133,275

Total Monthly Obligation

$3,147/mo
Mortgage $2,481
Monthly Loss $2,494
Principal$653
Interest$1,828
Property Tax$291
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.8%25
Cash-on-Cash
-5.0%2
5-Year IRR
11.7%48
10-Year IRR
11.9%
Returns Index
24.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
22/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,584/yr
NOI
$23,135/yr
Net Cash Flow
-$553/mo
Cash Margin
-19.2%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7813
LTV Ratio
80.0%18
Vacancy Buffer
3.0 mo51
Risk Index
27.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 181 Wellington Street

Time

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