$25/sqft
For rent: Other

Tri Century Mill at McArthur Island presents a rare opportunity to lease commercial space within a landmark waterfront redevelopment in the heart of Carleton Place. This mixed-use destination blends historic character with modern design, creating a vibrant environment for retail, hospitality, office, and event-driven businesses. Available spaces range from approximately 405 square feet to over 4,300 square feet, accommodating boutique retail, service commercial, office, and hospitality concepts. Flexible access options include exterior entrances and connectivity through the central atrium, supported by strong on-site parking. A signature offering within the development is the Tri Century Event Centre, providing approximately 4,398 rentable square feet of dedicated event space, ideal for weddings, conferences, and private functions. Complementing this is a full-service pub and restaurant opportunity totalling approximately 8,086 rentable square feet. The space includes a generous main dining area, a private meeting room, and well-designed back-of-house areas to support kitchen operations, staff facilities, storage, and seamless service flow. An expansive over-water patio further enhances the offering, creating a premier waterfront dining and entertainment destination. The development also incorporates a significant residential component along with an on-site hotel, providing a built-in customer base and consistent foot traffic for commercial tenants. Positioned at 150 Mill Street with a prominent waterfront setting and thoughtfully designed common areas including atrium and lobby spaces, Tri Century Mill offers a dynamic opportunity to anchor your business within one of the region's most distinctive lifestyle destinations.
Sold data
Homes in Carleton Place took a median of 37 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 62, across 64 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 52 days.
The median sale price was $576,350.
Homes sold for about 2.3% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 30% of sellers reduced their price before finding a buyer.
Based on 64 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Carleton Place has 6 Fraser Institute–rated schools (4 elementary and 2 secondary), averaging 5.7/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$25/sqft
Other006 - 150 MILL STREET, 909 - Carleton Place, Carleton Place

$30/sqft
Other003 - 150 MILL STREET, 909 - Carleton Place, Carleton Place

$25/sqft
Other009 - 150 MILL STREET, 909 - Carleton Place, Carleton Place

$30/sqft
Other004 - 150 MILL STREET, 909 - Carleton Place, Carleton Place

$20/sqft
Other002 - 150 MILL STREET, 909 - Carleton Place, Carleton Place

$20/sqft
Other001 - 150 MILL STREET, 909 - Carleton Place, Carleton Place

$25/sqft
Other005 - 150 MILL STREET, 909 - Carleton Place, Carleton Place

$25/sqft
Other007 - 150 MILL STREET, 909 - Carleton Place, Carleton Place