389 Thomas Street, Carleton Place

  • Bedrooms: 4
  • Bathrooms: 2
  • Type: Residential
  • Added: 3 weeks ago
  • Updated: 2 weeks ago
  • Last Checked: 1 week ago
  • Listed by: CENTURY 21 SYNERGY REALTY INC.
  • View All Photos

Listing description
This House at 389 Thomas Street Carleton Place, ON with the MLS Number x12340659 listed by Erika Blair - CENTURY 21 SYNERGY REALTY INC. on the Carleton Place market 3 weeks ago at $579,900.

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 exterior includes a paved driveway leading to an attached garage and is flanked by mature privacy hedging and trees, giving the property a secluded feel from the street. 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. The living room opens to a dining area with a decorative chandelier and an open stairwell, while the kitchen displays white cabinetry with contrasting dark countertops and a tiled backsplash, plus modern appliances—finishes that create a bright, contemporary main floor. Current tenants pay $1,670.66/month all-inclusive, providing steady income from day one. The self-contained lower level offers 1 bed + den, 4pc bath, it's own laundry, a separate entrance & driveway & will be vacant by October 1, 2025, allowing you to choose your own tenants and set your rent (estimated at $1,600/month). The lower-suite bedroom features a high egress window, neutral paint and laminate flooring, and the suite includes its own stacked laundry closet and a separate living space. Enjoy a 5% cap rate based on projected income. The corner lot provides space privacy with each unit having their own deck, driveway, and private fenced yard. Throughout the home you'll find consistent laminate flooring and neutral finishes that make turnover and tenant placement straightforward. 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! (id:1945)
Property Details Key information about 389 Thomas Street
  • Cooling: Window air conditioner
  • Heating:
    • Forced air
    • Natural gas
  • Structure Type: House
  • Exterior Features:
    • Vinyl siding
    • Brick Facing
  • Architectural Style: Raised bungalow
Interior Features Discover the interior design and amenities
  • Basement:
    • Finished
    • Apartment in basement
    • Walk out
    • N/A
  • Appliances:
    • Washer
    • Refrigerator
    • Stove
    • Dryer
    • Hood Fan
  • Fireplaces Total: 2
Exterior & Lot Features Learn about the exterior and lot specifics of 389 Thomas Street
  • Water Source: Municipal water
  • Parking Features:
    • No Garage
    • RV
  • Lot Size Dimensions: 60.3 x 96.1 FT
Utilities & Systems Review utilities and system installations
  • Sewer: Sanitary sewer
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Nearby Listings Stat Estimated price and comparable properties near 389 Thomas Street

Active listings
9
Min Price
$579,900
Max Price
$989,000
Avg Price
$748,189
Days on Market
35 days
Sold listings
1
Min Sold Price
$749,000
Max Sold Price
$749,000
Avg Sold Price
$749,000
Days until Sold
39 days

Nearby Places Nearby schools and amenities around 389 Thomas Street

Notre Dame Catholic High School (0.5 km)
157 McKenzie St, Carleton Place

Carleton Place High School (1.2 km)
Carleton Place

Slackoni's Fine Italian Cuisine (0.6 km)
35 Mill St, Carleton Place

superior restaurant (9.7 km)
84 Mill St, Almonte

Café Postino (9.7 km)
73 Mill St, Almonte

Mill Street Crepe Company (9.8 km)
14 Mill St, Almonte

The Barley Mow (9.8 km)
79 Little Bridge St, Almonte

The Good Food Company (1 km)
31 Bridge St, Carleton Place

Starbucks (2.9 km)
McNeely Ave, Carleton Place

Palms (9.7 km)
78 Mill St, Almonte

Milano Pizza (1 km)
26 Bridge St, Carleton Place

The Cheddar Stop (2.8 km)
10471 Trans-Canada Hwy, Carleton Place

Carleton Place Airport (5.1 km)
Carleton Place

Old Mill At Ashton (9.5 km)
113 Old Mill Rd, Beckwith

Almonte Old Town Hall (9.8 km)
14 Bridge, Almonte

Price History

August 12, 2025
by CENTURY 21 SYNERGY REALTY INC.
$579,900
389 Thomas Street
More Details?
Erika Blair
  • Erika Blair
  • CENTURY 21 SYNERGY REALTY INC.
  • 587-436-0789
  • Website

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