$5,500,000

For sale

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00 MCNEELY Avenue, Carleton Place - Vacant Land for Sale

00 MCNEELY Avenue, Carleton Place, Ontario, K7C0A7

14 ft²14 acres lotListed 173 days ago

Overview

This lot in Carleton Place is for sale offering roughly 14 sq ft of space.

Land for Sale in Carleton Place →All real estate in Carleton Place →

Description

Development land of 14.5 acres in popular Carleton Place, 20 minute drive from Ottawa on 4-lane highway. Located near busy corner of Hwy 7 and McNeely Ave in area of new growth subdivisions, commercial businesses and extensive Official Plan expansion. Land cleared and has quick, easy drive to Ottawa. Significant opportunity for diverse development projects and for developers looking to tap into a thriving market in one of the fastest consistently growing towns in Canada. Currently zoned Commercial and approved for mixed-use. New residential development surrounding the property. The acreage, location, zoning, existing expansions of infrastructure and market demand create ideal opportunity for developers and investors looking to capitalize on Carleton Place's rapid growth. Land is near busy intersection with three road frontages, McNeely Ave and Captain A Roy Brown Blvd. Surveys and covenants for land are available. HST is applicable. (id:66096)

Property Details

MLS®: X13135194
Property Type: Vacant Land
Zoning: Commercial
Interior Size: 14 ft²
Lot Size: 14 acres
Frontage: 2,351 ft
Price per Acre: $384,370 per acre
Heating: Not known
Cooling: Unknown
Property Tax: $10,000/yr
Listed: 173 days ago

Market Timing

Days on market

173d

Carleton Place listings, avg age

55d

Price / ft²

$392,857

List price

$5.50M

Homes here sell close to asking price

Homes in this market sold for an average of 98.0 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This vacant land in Carleton Place is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by COLDWELL BANKER FIRST OTTAWA REALTY · Stephanie Mols

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K7C)

This home lists at $5,500,000, about 55.6× the local median household income of $99,000.

Carrying it typically needs a household income of about $1,074,343 (20% down, 25-yr amortization, stress-tested) — roughly 985% above the area median.

Median household income: $99,000
Population: 20,382
Median age: 44
Owner / renter: 79% / 21%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K7C)

$5,500,000· $392,857/ft²

For sale

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Financing

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