293 Franktown Road, Carleton Place, ON

$2,250,000
MLS#:X13068064
0 beds
0 baths
1500-2000 sqft
Residential Freehold
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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 $2,250,000 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 1500-2000 sqft on a premium 117.1 x 889 ft lot

Description

Residential or Multi-use Development Site of 4.57 acres in a growing community of residential and commercial developments. Being on the banks of the scenic Mississipi River, Carleton Place is ideally located only a 50 Kilometre commute from Ottawa with a more quiet and affordable lifestyle. It offers a perfect blend of small town living with urban conveniences in retail and recreational facilities. Nearby on Franktown Road will have a new 152 unit retirement residence plus another 104 residential units to include an apartment building and townhouse units. The township has indicated that the subject site could accomodate up to 150 residential units.

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Key Features

000
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date5/1/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size117.1 × 889 Feet
CountyLanark
Annual Tax$1,943.55
Legal DescriptionPt Lt 15 Con 11 Beckwith Pt1, 26R2761; Town of Carleton Place

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Features

Property Features

Interior Features

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Location

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293 Franktown Road, 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 293 Franktown Road, Carleton Place, ON K7C 2N6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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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 Rate5.25%
Down Payment$450,000 (20.0%)
* Minimum Canadian down payment required for this price is $450,000.
Amortization Period25 Years
Estimated Monthly Payment$10,727Based on a loan of $1,800,000 over 25 years.
Purchase Price$2,250,000
Loan Amount$1,800,000
Provincial Land Transfer Tax:$42,725
Total Estimated Closing Taxes:$42,725

About Purchasing a Home in Carleton Place, ON

For a property listed at $2,250,000 in Carleton Place, the legal minimum down payment is $450,000 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 $42,725 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 $42,725.

Nearby Listings

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No current listings found in Carleton Place.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$665,051

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.