$895,000
Est. payment $3,963/moCalculate yours
1308 Shillington Avenue, Carlington - Central Park, ON K1Z 8A5
5303 - Carlington, Carlington - Central Park, ON K1Z 8A5
- 4 Beds
- 3 Baths
- 1,500 Sq Ft
Listing courtesy of COLDWELL BANKER SARAZEN REALTY MLS® X13781178
About this home
A solid brick, income-producing non-conforming triplex situated on a generous 6,717 sq ft lot with Mainstreet zone 1 (MS1) zoning, allowing a range of commercial uses and unlocking significant future development potential. The property is fully tenanted; however, two tenants have provided notice. Units are actively being re-leased but vacant possession could be arranged. The building has been well maintained, with major upgrades completed in 2011, including plumbing, electrical, windows, kitchens, and bathrooms. Additional improvements include a sprinkler system, spray-foam insulation in the basement, and two new high-efficiency furnaces installed in 2025. Flooring consists of hardwood, and tiling. The property offers two driveways, ample parking, and a large rear yard extending behind the adjacent property. With 70 feet of frontage, the site may support further development. Located just off Merivale Road, this is a prime position near the Westgate Mall redevelopment, with easy access to public transit, the bicycle path running along the Experimental Farm to Carleton University, and shopping along Carling and Merivale. An excellent addition to any portfolio, with strong income today and compelling upside in a rapidly regenerating neighbourhood. 24-hour notice required for showings. Units : One 3-storey, 1-bedroom townhouse-style unit with private entrance and fenced yard. Currently rented at $1,695/month. The third floor offers potential to dormer for additional bedroom space. One 2-storey, 2-bedroom apartment currently rented at $1,900/month. One main-floor bachelor apartment rented at $1,375/month. Expenses - Insurance: $3,655.00, Taxes: $4,680.27, Hydro: $390.22, Gas: $919.08, Water: $1,485.01 *Some photos have been virtually edited to remove personal items and reduce clutter*
Property details
Overview
- Property Type
- Duplex
- Style
- 3-Storey
- For
- For Sale
- Status
- New
- Size
- 1,500 sqft
Interior
- Bedrooms
- 4
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Unfinished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Brick
- Foundation
- Concrete, Stone
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 70.11 x 84 Feet
- Parking
- None garage · 6 total
- Zoning
- MS1
Financial
- Property Taxes
- $4,680 (2025)
Location
- Neighbourhood
- 5303 - Carlington
- Cross Street
- Shillington and Merivale
- Direction Faces
- South
Listing
- MLS® Number
- X13781178
- Days on Market
- 34
- Listed On
- 2026-09-14
- Possession
- tbd
- Listed By
- COLDWELL BANKER SARAZEN REALTY
Rooms
Features
Interior
- Accessory Apartment
Pool
- None
- Included
- 3 Fridges, 3 Stoves, 3 Hoodfans, 1 Washer, 1 Dryer
- Excluded
- Tenants Belongings
Mortgage calculator
Estimated mortgage payment
$3,963 per month
- Principal and interest
- $3,963
- Property tax
- $390
- Condo fees
- $0
- Estimated monthly cost
- $4,353
Your mortgage
- Mortgage amount
- $716,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $472,860
Cash to close
- Down payment
- $179,000
- Land transfer tax
- $14,375
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $193,375
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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