24 Lake Avenue, Carleton Place, ON

$994,500
MLS#:X12392136
3 beds
3 baths
3500-5000 sqft
4.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 3-Storey detached located in the coveted neighborhood of 909 - Carleton Place. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $994,500 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.

  • 3 Bedrooms and 3 Bathrooms with 2 functional kitchens
  • Generous living space spanning 3500-5000 sqft on a premium 47 x 120 ft lot
  • Features a unfinished, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient other configuration
  • Notable attributes: Carpet Free, In-Law Capability, Separate Heating Controls
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to 24 Lake Avenue West, an extraordinary Victorian masterpiece in the heart of Carleton Place. Built in 1895, this 3 story architectural gem has long been a beacon of character and craftsmanship. Most recently, it housed the beloved Pickle Dish quilt shop, a cherished local store, known for its welcoming spirit. Set on a 47x120ft lot, zoned R2 allows for residential with a commercial unit, this property offers incredible versatility. Use it as a grand personal residence, a commercial space, or possibly rezone to allow multi-unit rental with up to three separate units. The options are endless, from a home office to multigenerational living. A victorian story of heritage and possibility, the high-pitched roof, intricate red brickwork, and ornate gable trim are just the beginning. Step inside & marvel at the 11-foot ceilings on the main floor, original stained glass windows & elegant decorative trim. Ideal for a boutique shop, studio, professional office, or a charming retail presence & ready to support your entrepreneurial vision.The second floor opens up to residential elegance, with a beautifully renovated kitchen, spacious living & dining room, a full bathroom and a comfortable bedroom.The third floor is a tranquil escape with a versatile living room, bedroom and a luxurious primary bedroom with walkin & ensuite with heated ceramic floors, a glass shower, & tub. Outside a enjoy a coffee on the covered porch, or the backyard courtyard with a pea stone patio, perfect for quiet reflection or social gatherings. Located just off Bridge Street in Carleton Place, voted the best small town in the Ottawa area in 2024, this property is perfectly positioned to enjoy the town's unique shops, cozy cafes, beach, splash pad, and picnic areas.Whether you envision a thriving business, a multi-generational family home, or a residence that blends the best of both worlds, this iconic Victorian estate is ready to be transformed into your vision.

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Property Summary

This detached home located at 24 Lake Avenue, Carleton Place is currently for sale and has been available on SousaSells for 309 days. This property is listed at $994,500 with an estimated mortgage of $3,310* per month. It has 3 beds, 3 bathrooms, and is 3500-5000 square feet. 24 Lake Avenue, 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

Bedrooms
3
Bathrooms
3
Kitchens
2
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 30, 2026
Sold price information is available to members only
Listed Date9/9/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style3-Storey
ConstructionBrick
BasementUnfinished, Walk-Out
Lot Size47 × 120 Feet
CountyLanark
Annual Tax$8,412.35
Legal DescriptionPT LT 9 PL 3133 LANARK N BECKWITH AS IN RN109013 ; TOWN OF CARLETON PLACE

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeOther

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Beach, Fenced Yard, Park, Public Transit, River/Stream, School

Interior Features

Carpet Free, In-Law Capability, Separate Heating Controls, Storage

Security Features

None

Community Features

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Location

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24 Lake Avenue, Carleton Place, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 24 Lake Avenue W, Carleton Place, ON K7C 1L4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Carleton Place.

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Interest Rate4.00%
Down Payment$298,350 (30.0%)
* Minimum Canadian down payment required for this price is $74,450.
Amortization Period30 Years
Estimated Monthly Payment$3,310Based on a loan of $696,150 over 30 years.
Purchase Price$994,500
Loan Amount$696,150
Provincial Land Transfer Tax:$16,365
Total Estimated Closing Taxes:$16,365

About Purchasing a Home in Carleton Place, ON

For a property listed at $994,500 in Carleton Place, the legal minimum down payment is $74,450 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 $16,365 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 $16,365.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 909 - Carleton Place, Carleton Place.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$624,401

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Caldwell Street
Public70 Caldwell Street, Carleton Place, Ontario, K7C 3A5
6.4
Arklan Community
Public123 Patterson Crescent, Carleton Place, Ontario, K7C 4R2
3.5
J.-L.-Couroux
Public10 Findlay Avenue, Carleton Place, Ontario, K7C 3Z6
5.2
Beckwith
Public1523 9th Line Beckwith, Carleton Place, Ontario, K7C 3P2
6.6

Secondary Schools

Carleton Place
Public350 Edmund Street, Carleton Place, Ontario, K7C 3E8
5.7
Notre Dame
Public157 McKenzie Street, Carleton Place, Ontario, K7C 4P2
6.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.