212 FRANKTOWN Road, Carleton Place, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of 909 - Carleton Place. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $664,500 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Generous living space spanning < 700 sqft on a premium 122 x 203 ft lot
- 0.0 total parking spaces available
- Notable attributes: None
Description
This prime piece of development land sits in the MIDDLE OF TOWN close to restaurants, grocery, schools & even Tim Horton's! Commercial plaza across the road has a medical facility with physio & other amenities. Plenty of options for development on a 0.626-acre (27,260 sq ft) site, whether it's building a duplex, triplex, fourplex (or TWO sets of these!). A rare opportunity to develop a multifamily building & explore commercial opportunities at grade. See pictures for zoning info. Severance possibilities as well. If severed, multiple options are possible including for example building 1 fourplex first then another, each with their own financing. Maybe sell 1 & keep 1? Or perfect for co-housing/multi-generational living/co-living with friends. Close to highways. Access onsite to hydro, municipal water & sewer. Sold for land value as is/where is. NOTE: GEO WAREHOUSE MEASUREMENTS ARE INACCURATE. SURVEY ON HAND TO CONFIRM SITE AREA.
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Property Summary
This vacant land located at 212 FRANKTOWN Road, Carleton Place is currently for sale and has been available on SousaSells for 483 days. This property is listed at $664,500 with an estimated mortgage of $2,212* per month. It has 0 beds, 0 bathrooms, and is < 700 square feet. 212 FRANKTOWN Road, Carleton Place is in the 909 - Carleton Place neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 212 FRANKTOWN Road, Carleton Place, ON K7V 2N7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Carleton Place, ON
For a property listed at $664,500 in Carleton Place, the legal minimum down payment is $41,450 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,765 for this transaction. As this listing is in Carleton Place (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,765.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.