42 & 46 Allan 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 $1,200,000 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 205 x 125.85 ft lot size
- Efficient forced air heating via gas
Description
RARE DEVELOPMENT OPPORTUNITY IN CARLETON PLACE! 42 & 46 Allan Street, with the option to include 135 & 139 Charles Street, create an exceptional multi-lot land assembly in one of the region's fastest-growing communities. Located on a quiet residential street steps from the water and minutes to downtown amenities, this site is perfectly suited for townhomes or a boutique low-rise residential project. Zoning is already in place, the land is flat with easy service connections, and the existing structures on Charles Street are ideal for teardown-offering a clean start for your development vision. A rare chance to build in a highly desirable neighbourhood with strong resale and rental demand.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 42 & 46 Allan Street, Carleton Place, ON K7C 1T3
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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 $1,200,000 in Carleton Place, the legal minimum down payment is $240,000 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 $20,475 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 $20,475.
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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.