135 Elizabeth Street, Carleton Place

$639,900
135 Elizabeth Street

$639,900

New
2d
Semi-Detached Bungalow-Raised

135 Elizabeth Street, Carleton Place

Total Monthly Obligation $3,356

Beds
3
Baths
3
Park
1
Sqft
1100-1500
DOM
2d
Score
19
Yield
5.1%
Cash on Cash
-3.0%
Cap Rate
3.9%
5Y IRR
13.2%
10Y IRR
12.7%
Property Type-Semi-Detached
MLS® Number-X14103834
Beds-3
Bathrooms-3
Size-1100-1500 sqft
Lot Size-29.99 × 110.37 ft
Listed on site-Oct 21, 2026
Style-Bungalow-Raised
Building Type-Semi-Detached
Taxes-$4,792 (2026)
Parking-2 - Attached
Basement-Finished with Walk-Out, Full
Heating-Forced Air (Gas)
Brokerage-COLDWELL BANKER HERITAGE WAY REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-Living Room, Natural Gas
Pool-None
Facing-South
Exterior-Stucco (Plaster), Vinyl Siding
Roof-Shingles
Foundation-Poured Concrete
Sewer-Sewer
Possession-Immediate
Neighbourhood-909 - Carleton Place
Title-Residential Freehold

No agent assigned

Welcome to this beautifully appointed semi-detached home, ideally located close to schools, parks, walking trails, and downtown amenities. Don't let the split-level design fool you - this home offers an abundance of living space with a functional layout perfect for families, entertaining, and everyday living. Step inside to a bright, open formal living room featuring a vaulted ceiling and cozy gas stove, creating a warm and inviting atmosphere. The main living area boasts a large functional kitchen complete with granite countertops, stainless steel appliances, and an abundance of cupboard and counter space. The spacious primary bedroom offers a walk-in closet and private 3-piece ensuite, while a second bedroom and full 4-piece main bathroom complete this level.The family room features impressive 9-foot coffered ceilings and patio doors flanked by oversized windows, filling the space with natural light and providing access to the deck - perfect for relaxing or entertaining outdoors. Hardwood flooring throughout the main level adds warmth and timeless appeal.The lower level offers even more living space, featuring a third bedroom, an additional 4-piece bathroom, and a huge family room with a walk-out to the private, fully fenced backyard - ideal for family gatherings, children, or pets. An attached garage with inside entry and auto door adds convenience and practicality. Spacious, versatile, and ideally located, this home offers exceptional living space both inside and out, all within easy reach of the amenities you need. A wonderful opportunity for families, first-time buyers, or anyone looking for a comfortable home in a great neighbourhood!

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

Closing Costs

Mortgage Amount
$511,920
Land Transfer Taxes$9,273
Legal Fees (Est.)
$
Total cash required for closing$138,753

Total Monthly Obligation

$3,356/mo
Mortgage $2,581
Monthly Loss $2,676
Principal$679
Interest$1,902
Property Tax$399
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.1%19
Cash-on-Cash
-8.1%1
5-Year IRR
9.3%31
10-Year IRR
10.1%
Returns Index
16.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 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
$32,400/yr
NOI
$19,868/yr
Net Cash Flow
-$926/mo
Cash Margin
-34.3%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.648
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
24.5/ 100

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

Comparables

Properties near 135 Elizabeth Street

Time

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