400 LANARK STREET, Carleton Place

$7,999,000

For sale: Vacant Land

Vacant Land at 400 LANARK STREET, Carleton Place
Property type
Land
MLS®
MLS® X13568384
Neighbourhood
909 - Carleton Place

Position your next signature community in a fast-growing community. Located just 30 mins west of Ottawa,15 acres of strategically located development land in thriving town of Carleton Place. The property is currently the subject of an active draft plan of subdivision application proposing 204-unit residential community featuring mixture of low, medium, and high-density housing. Years of planning and technical due diligence have already been completed, including planning, engineering, transportation, environmental, servicing and stormwater management studies that support the ongoing municipal development approval process. Strategically positioned with excellent access to Hwy 7, Highway 417 and Ottawa's west-end employment corridor. The site is also close to schools, parks, shopping, healthcare, recreation and a vibrant historic downtown. The town and surrounding communities continue to experience significant population growth and thus, ongoing demand for new housing. This land offers attractive balance of planning progress and development flexibility with benefits from substantial planning work already completed while preserving development flexibility. Extensive technical and entitlement work has been completed and buyer can build upon years of planning while retaining the opportunity to refine the final site layout, product mix, and architectural vision before final approvals .Development opportunities of this scale and planning maturity are increasingly limited within Ottawa region. A comprehensive due diligence package, including planning reports, engineering studies, environmental assessments, servicing reports, surveys and subdivision application materials, is available to qualified buyer upon request.

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 52 days.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 400 LANARK STREET