$849,000
Carleton Place
157 Townline Road West, Carleton Place, Ontario, K7C2G1
This lot in Carleton Place is for sale offering roughly 1 sq ft of space.
Exceptional development parcel in the heart of the rapidly expanding Town of Carleton Place. This flat, fully usable 0.92-acre commercial lot offers high visibility and frontage along one of the main arterial roads in and out of town, delivering consistent daily traffic and strong exposure for future tenants or businesses. Surrounded by established residential neighbourhoods, schools, professional offices, and an active commercial plaza, this site benefits from consistent daily traffic flow and visibility. With continued residential expansion in Carleton Place and steady population growth, the area is experiencing a need for mixed-use developments. The level topography offers an efficient building envelope, maximizing site planning flexibility for parking, access, and design. Joint venture opportunity available with Kids World to develop a children's indoor play center with plans in place and preliminaries completed. Community Commercial zoning also permits a wide range of uses including retail, restaurant, professional office, service commercial, and potential mixed-use or multi-residential configurations. The location supports neighbourhood-serving businesses with strong commuter visibility and easy access. High-exposure parcels of this size within town limits are increasingly limited. This is a strategic acquisition for developers seeking growth-market positioning, long-term hold potential, or immediate build-out in an expansion corridor. Municipal water and sewer available. Just 25 mins to Kanata, Perth or Smiths Falls. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 251 days on market, against an average age of 55 days across the listings currently for sale in this city
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.
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?
Approximate location — exact address confirmed upon showing
This home lists at $849,000, about 8.6× the local median household income of $99,000.
Carrying it typically needs a household income of about $165,839 (20% down, 25-yr amortization, stress-tested) — roughly 68% above the area median.
Source: Statistics Canada, 2021 Census (FSA K7C)
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