389 Thomas Street

SoldCarleton Place · 909 - Carleton PlaceMLS® X12520354

Bedrooms4

Bathrooms2

Interior700 sq ft

Lot Size6,000 sq ft

TypeMulti-Family

ListingFor Sale

About this property

This solid bungalow on a desirable corner lot in Carleton Place is fully developed with an in-law suite in the lower level offering flexibility for investors, multi-generational families, or owner-occupiers looking for a mortgage helper. The updated top floor has it's own entrance & driveway, featuring 3 beds/1 bath, a corner gas fireplace in the living room and stackable washer/dryer. Current tenants pay $1,670.66/month all-inclusive, providing steady income from day one. The self-contained lower level is tenant-occupied at $1,224.92/month and offers 1 bed + den, 4pc bath, its own laundry, a separate entrance & driveway. The corner lot provides space privacy with each unit having their own deck, driveway, and private fenced yard. Carleton Place is one of Eastern Ontario's fastest-growing communities, known for its charming small-town atmosphere, strong economy, and easy access to Ottawa. Just 26 minutes to Kanata and under 45 minutes to downtown Ottawa, its a prime choice for commuters seeking more space and affordability without sacrificing amenities including grocery stores, big-box retailers, boutique shops, restaurants & recreational facilities. A vibrant historic downtown along the Mississippi River attracts residents & visitors alike with cafes, galleries & seasonal events. With rapid population growth and limited rental supply, there is a strong rental demand and competitive market rents. Infrastructure improvements, new housing developments, and expanding services continue to enhance property values. For families, the community offers quality schools, parks, trails, and waterfront activities. Whether you're seeking a stable rental investment or a home in a growing, commuter-friendly town, Carleton Place delivers a balance of lifestyle and opportunity. Recent fire code inspection & expenses on file. Call to book your showing today!

Features & finishes

View

Fireplace

Air Conditioning

Basement

Property details

MLS® Number	X12520354
Status	Sold
Listing Type	For Sale
Property Type	Multi-Family
Interior Size	700 sq ft
Lot Size	6,000 sq ft
Beds / Baths	4 bed · 2 bath
Neighbourhood	909 - Carleton Place
City	Carleton Place
Postal Code	K7C 3Z3
Province	ON
Listed Date	November 6, 2025
Brokerage	CENTURY 21 SYNERGY REALTY INC.