157 TOWNLINE ROAD W, Carleton Place

$849,000

For sale: Vacant Land

Vacant Land at 157 TOWNLINE ROAD W, Carleton Place
Property type
Land
MLS®
MLS® X12822330
Neighbourhood
909 - Carleton Place

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.

Sold data

Homes in Carleton Place — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 52 days.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.

Median days to sell
37
Median sale price
$576,350
Sale-to-list ratio
97.7%
Sold above asking
5%

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

Schools in Carleton Place

Carleton Place has 6 Fraser Institute–rated schools (4 elementary and 2 secondary), averaging 5.7/10.

Rated schools
6
Elementary
4
Secondary
2
Average rating
5.7 / 10

Top-rated schools in Carleton Place

  • Notre Dame — secondaryFraser rating 6.8/10
  • Beckwith — elementaryFraser rating 6.6/10
  • Caldwell Street — elementaryFraser rating 6.4/10
  • Carleton Place — secondaryFraser rating 5.7/10
  • J.-L.-Couroux — elementaryFraser rating 5.2/10
  • Arklan Community — elementaryFraser rating 3.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 157 TOWNLINE ROAD W