165 King Street, 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 $350,000 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
- Premium 72.85 x 130 ft lot size
Description
Rare development opportunity in the heart of Carleton Place! This vacant R2-zoned lot offers approximately 72 ft of frontage and 130 ft of depth as per survey, with municipal water and sanitary services available from King Street. Located in an established neighbourhood just minutes from downtown amenities, schools, parks, and Carleton Place Hospital, this property offers exciting development potential. The lot has been cleared and is ready for its next chapter. Concept plans for a proposed 3-unit townhouse development, along with servicing and grading plans, are available for review, providing valuable insight for builders, investors, and developers. The irregular lot shape offers flexibility while maintaining a desirable in-town location. Buyer to complete their own due diligence regarding zoning, servicing capacity, permits, development potential, and all municipal approvals.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 165 King Street, Carleton Place, ON K7C 1G5
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About Purchasing a Home in Carleton Place, ON
For a property listed at $350,000 in Carleton Place, the legal minimum down payment is $17,500 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 $3,725 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 $3,725.
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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.