23 Peever Place, Carleton Place

$549,900
23 Peever Place

$549,900

New
17d
Att/Row/Townhouse2-Storey

23 Peever Place, Carleton Place

Total Monthly Obligation $2,922

Beds
3
Baths
3
Park
2
Sqft
1500-2000
DOM
17d
Score
22
Yield
5.8%
Cash on Cash
0.3%
Cap Rate
4.7%
5Y IRR
15.8%
10Y IRR
14.8%
Property Type-Att/Row/Townhouse
MLS® Number-X13868830
Beds-3
Bathrooms-3
Size-1500-2000 sqft
Lot Size-18.08 × 116.63 ft
Listed on site-Oct 6, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Taxes-$3,946 (2026)
Parking-2 - Attached
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-SOLID ROCK REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Facing-North
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-as per tenancy, quicker possesion can be given with notice
Neighbourhood-909 - Carleton Place
Title-Residential Freehold

No agent assigned

Welcome to this beautiful 3-bedroom townhome with a second-floor family room, 2.5 bathrooms, and an ideal blend of space, style, privacy, and convenience in the heart of Carleton Place.Attention investors: This property is currently tenanted at $2,900 per month, with the lease in place until March 31, 2027. The tenant is clean, responsible, and professional, and would be happy to remain on a month-to-month basis or sign a new lease, offering an excellent opportunity for an investor to continue generating rental income. The current rent is particularly strong for the Carleton Place market.From the moment you step inside, you'll appreciate the bright, open-concept layout featuring soaring 9-foot ceilings, upgraded wide-plank birch hardwood floors, and oversized windows that fill the home with natural light.Designed for both everyday living and entertaining, the modern kitchen features Quartz countertops, upgraded cabinetry, and a large island with breakfast bar, flowing seamlessly into the spacious great room.Upstairs, you'll find three generously sized bedrooms, a versatile loft ideal for a home office, study area, or playroom, and the convenience of second-floor laundry. The second-floor family room provides additional flexible living space.Step outside to the fully fenced backyard with no rear neighbours, offering exceptional privacy and the perfect space to relax or entertain.Ideally located just minutes from Highway 7 and within walking distance of shops, restaurants, parks, schools, and scenic walking trails, this home offers the best of both worlds-peaceful small-town living with easy access to city amenities.A great opportunity for investors or buyers looking for a well-appointed home with strong existing rental income and a tenant willing to continue.

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

Closing Costs

Mortgage Amount
$439,920
Land Transfer Taxes$7,473
Legal Fees (Est.)
$
Total cash required for closing$118,953

Total Monthly Obligation

$2,922/mo
Mortgage $2,218
Monthly Loss $2,338
Principal$584
Interest$1,634
Property Tax$329
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.7%24
Cash-on-Cash
-5.3%2
5-Year IRR
11.5%46
10-Year IRR
11.8%
Returns Index
24.2/ 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
$32,004/yr
NOI
$20,358/yr
Net Cash Flow
-$522/mo
Cash Margin
-19.6%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7613
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo55
Risk Index
28.7/ 100

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

Comparables

Properties near 23 Peever Place

Time

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Data last updated within the past 24 hours.