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For Sale · Carleton Place · Multi-family
$735,000
About This Home
Welcome to 33 Napoleon Street, where timeless character, exceptional walkability and income potential come together in the heart of Carleton Place. This rare offering features two self-contained living quarters, two separate driveways and separate gas meters, providing outstanding flexibility for homeowners and investors alike. Live comfortably in the beautifully preserved three-bedroom main residence while generating approximately $20,000 annually from the rear one-bedroom suite, or lease both units for potential annual rental income of approximately $50,000. The main home showcases soaring 10-foot ceilings, stunning original millwork, oversized windows and light-filled principal rooms that blend historic charm with everyday comfort. Located just one block from vibrant downtown Carleton Place, you'll enjoy the convenience of walking to grocery stores, restaurants, cafés, boutiques, schools, parks, beaches, the library, hospital, clinics and scenic walking trails. The additional rental income can significantly offset monthly carrying costs, making homeownership more attainable while building long-term wealth through real estate. Whether you're searching for a charming century home with mortgage support or a turnkey investment opportunity, this is a property that delivers both lifestyle and financial value. Book your private showing today. Tenant in 1 bedroom unit currently - income awaits. Updates include: Seller purchased an addition of 871.88 sq.ft in the backyard (2025), Privacy cedars (2026), Washer/Dryer in unit A (2021), New refrigerator Unit A (2023), New 220amp panel Unit A (2021), stackable washer/dryer unit B (2022), total reno on unit B including electrical, plumbing, kitchen, bath, flooring, woodwork, trim, foundation support, exterior stairs, bedroom closet (2022 - $~65K+ value),gutters unit A&B (2021/22), window treatments and blinds unit A x13 (2022), 2x water heaters (2021), Front porch (2017),separate driveways (2013), garage roof & siding (2019) (id:66635)
Summarizing the highlights...
Property Details
July Value
Calculating a July Value estimate...
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My Notes
Run The Numbers
Monthly mortgage payment
$3,437
$588,000 financed over 25 years at 5%. For guidance only, not a quote or approval.
Monthly cost (mortgage + tax + maintenance)
$3,437
Cash flow
-$3,437
Estimates for education only. Talk to a JULY advisor for real numbers on this home.
Carleton Place right now
Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.
The Neighbourhood
Household and demographic stats for Carleton Place, from the Statistics Canada 2021 Census.
Source: Statistics Canada 2021 Census, Carleton Place, Town, Ontario.
Rental Market
Active rentals close to this home, for rent-versus-buy context and investors sizing up cash flow.
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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.
Price on request / month
D217 - 277 COLEMAN STREET, Carleton Place
1 bed · 1 bath