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293 Franktown Road

293 Franktown Road

Carleton Place, ON

  • approx. 1500-2000 sqft
  • Vacant Land
  • 128 days on market
$2,250,000

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.

Listing Details

Taxes (2026)
$1,944
Listed
May 1, 2026

Price History

Property

Lot Size
117.1 x 889 Feet

Location & Legal

Cross Street
Nelson to the North and Highway 7 to the South
Zoning
Residential
Parcel Number
051140017
Possession
60-89 days
Occupancy
Vacant

Included

Inclusions
To Be Discussed
Exclusions
To Be Discussed

Schools

Elementary

  • École élémentaire catholique J.-L.-Couroux0.4 km

    French Catholic · CSDC du Centre-Est de l'Ontario · 280 students

    Grade 3 reading: 82% met the provincial standard · Grade 6 math: 43% met the provincial standard

  • Caldwell Street Elementary School0.9 km

    Public · Upper Canada DSB · 385 students

    Grade 3 reading: 74% met the provincial standard · Grade 6 math: 67% met the provincial standard

  • Carleton Place Intermediate School1 km

    Public · Upper Canada DSB · 295 students

Secondary

  • Carleton Place High School1.3 km

    Public · Upper Canada DSB · 670 students

    Grade 10 literacy: 88% met the provincial standard

  • T R Leger School of Adult & Continuing Secondary School2 km

    Public · Upper Canada DSB · 375 students

  • Notre Dame Catholic High School2.4 km

    Catholic · CDSB of Eastern Ontario · 555 students

    Grade 10 literacy: 94% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area K7C

Population
20,382
Private dwellings
8,631
Median age
44
Average household size
2.4
Median household income
$99,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Residential Freehold in Carleton Place · last 12 months

Median sold price
$565,000
Homes sold
237
Median days on market
30
Sale-to-list price
98.0%

Based on 237 recorded sales of residential freehold properties in Carleton Place over the last 12 months.

Listed by

MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA INC.

Walk Score

63

Walk

62

Bike

Scores by Walk Score®

Mortgage Calculator

$450,000

Estimated Monthly Payment

$11,054

Land transfer tax

Estimated land transfer tax$42,725

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $11,054/mo (20% down, 5.5%)

Taxes: $162/mo · Insurance: $563/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

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