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150 Mill Street 002, Carleton Place, ON K7C 1T4

Commercial Retail
$20
$13,477per month
Rent
$13,477 / month
Rate
$20 / sq ft
Area
8,086 sq ft

Worked out from the rate and area the board publishes, at a twelfth of the annual figure. Confirm the terms before relying on them.

Tri Century Mill at McArthur Island presents a rare opportunity to lease commercial space within a landmark waterfront redevelopment in the heart of Carleton Place. This mixed-use destination blends historic character with modern design, creating a vibrant environment for retail, hospitality, office, and event-driven businesses. Available spaces range from approximately 405 square feet to over 4,300 square feet, accommodating boutique retail, service commercial, office, and hospitality concepts. Flexible access options include exterior entrances and connectivity through the central atrium, supported by strong on-site parking. A signature offering within the development is the Tri Century Event Centre, providing approximately 4,398 rentable square feet of dedicated event space, ideal for weddings, conferences, and private functions. Complementing this is a full-service pub and restaurant opportunity totalling approximately 8,086 rentable square feet. The space includes a generous main dining area, a private meeting room, and well-designed back-of-house areas to support kitchen operations, staff facilities, storage, and seamless service flow. An expansive over-water patio further enhances the offering, creating a premier waterfront dining and entertainment destination. The development also incorporates a significant residential component along with an on-site hotel, providing a built-in customer base and consistent foot traffic for commercial tenants. Positioned at 150 Mill Street with a prominent waterfront setting and thoughtfully designed common areas including atrium and lobby spaces, Tri Century Mill offers a dynamic opportunity to anchor your business within one of the region's most distinctive lifestyle destinations.

MLS number
X12781904
Type
Commercial Retail
Status
Active
Bedrooms
Bathrooms
Postal code
K7C 1T4
Photos
46
Property tax
$25,407 / year
214days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Carleton Place Intermediate School
Upper Canada DSB
Elementary547 mNot reported
Arklan Community Public School
Upper Canada DSB
Elementary593 m7.1 / 10
71% met the standard
T R Leger School of Adult & Continuing Secondary School
Upper Canada DSB
Secondary655 mNot reported
St Mary's Separate School
CDSB of Eastern Ontario
Elementary983 m6.1 / 10
61% met the standard · 3 of 6 measures
Caldwell Street Elementary School
Upper Canada DSB
Elementary1.1 km7.7 / 10
77% met the standard
Carleton Place High School
Upper Canada DSB
Secondary1.2 km6.9 / 10
69% met the standard · 2 of 6 measures
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 546 people.

$71,500Median household income
56.5%Own their home
43.1%Detached houses
46.4Median age
5.2%Born outside Canada
27.8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35090132 — the few blocks around this address, home to 546 people. It describes the area, not this property.

546Population
44.6Average age
2.2Household size
$86,000Average household income
$71,500Median household income
57%Own their home
44%Rent
7%Condominiums
5%Born outside Canada
28%University degree
$560,000Average home value
12%Low income
58%Not in the labour force
23%Never married
$15,000 to $19,9993%
$20,000 to $24,9991%
$25,000 to $29,9991%
$30,000 to $34,9994%
$35,000 to $39,9996%
$40,000 to $44,9993%
$45,000 to $49,9994%
$50,000 to $59,9996%
$60,000 to $69,9997%
$70,000 to $79,9996%
$80,000 to $89,9994%
$90,000 to $99,9993%
$100,000 and over25%
$100,000 to $124,9996%
$125,000 to $149,9996%
$150,000 to $199,9999%
$200,000 and over4%

Percentages are of the 340 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Listed by REAL BROKER ONTARIO LTD.. Listing data provided by the Toronto Regional Real Estate Board.