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212 Franktown Road Carleton Place, Ontario K7V 2N7

$664,500

This prime piece of development land sits in the MIDDLE OF TOWN close to restaurants, grocery, schools & even Tim Horton's! Commercial plaza across the road has a medical facility with physio & other amenities. Plenty of options for development on a 0.626-acre (27,260 sq ft) site, whether it’s building a duplex, triplex, fourplex (or TWO sets of these!). A rare opportunity to develop a multifamily building & explore commercial opportunities at grade. See pictures for zoning info. Severance possibilities as well. If severed, multiple options are possible including for example building 1 fourplex first then another, each with their own financing. Maybe sell 1 & keep 1? Or perfect for co-housing/multi-generational living/co-living with friends. Close to highways. Access onsite to hydro, municipal water & sewer. Sold for land value—as is/where is. Home is near the end of its economic life. NOTE: GEO WAREHOUSE MEASUREMENTS ARE INACCURATE. SURVEY ON HAND TO CONFIRM SITE AREA. (29022630) (id:46264)

Property Details

MLS® Number 1419125
Property Type Vacant Land
Neigbourhood Carleton Place

Building

Basement Development Not Applicable
Basement Type Unknown (not Applicable)
Utility Water Municipal Water

Land

Acreage No
Sewer Municipal Sewage System
Size Depth 203 Ft
Size Frontage 122 Ft
Size Irregular 0.63
Size Total 0.63 Ac
Size Total Text 0.63 Ac
Zoning Description R2

https://www.realtor.ca/real-estate/27620296/212-franktown-road-carleton-place-carleton-place

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