$350,000
For sale: Vacant Land

Rare development opportunity in the heart of Carleton Place! This vacant R2-zoned lot offers approximately 72 ft of frontage and 130 ft of depth as per survey, with municipal water and sanitary services available from King Street. Located in an established neighbourhood just minutes from downtown amenities, schools, parks, and Carleton Place Hospital, this property offers exciting development potential. The lot has been cleared and is ready for its next chapter. Concept plans for a proposed 3-unit townhouse development, along with servicing and grading plans, are available for review, providing valuable insight for builders, investors, and developers. The irregular lot shape offers flexibility while maintaining a desirable in-town location. Buyer to complete their own due diligence regarding zoning, servicing capacity, permits, development potential, and all municipal approvals.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 52 days.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.
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