$599,900
For sale: Vacant Land

An exceptional opportunity to secure a versatile property in the rapidly expanding community of Carleton Place! Offering outstanding development and investment potential, 7 Smythe Road features flexible zoning permitting an extensive range of industrial, commercial, automotive, retail, service, and institutional uses. Permitted uses include automotive repair garages, body shops, service stations, manufacturing (Class I, II & III), workshops, warehouses, distribution centres, contractor shops, commercial storage, dry cleaning facilities, commercial greenhouses, fuel depots, propane refilling outlets, recreational vehicle sales and storage, municipal garages, laboratories, transportation depots, auditoriums, and more. Whether you're an investor, developer, or business owner looking to establish or expand your operations, this property presents an exciting opportunity to capitalize on the continued growth and development of Carleton Place. Unlock the potential. Explore the possibilities. Make your next investment count!
Sold data
Homes in Carleton Place took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 56, across 56 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 47 days.
The median sale price was $532,400.
Homes sold for about 2.3% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 56 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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