157 Townline Road W, Carleton Place, ON K7C 2G1
Exceptional development parcel in the heart of the rapidly expanding Town of Carleton Place. This flat, fully usable 0.92-acre commercial lot offers high visibility and frontage along one of the main arterial roads in and out of town, delivering consistent daily traffic and strong exposure for future tenants or businesses. Surrounded by established residential neighbourhoods, schools, professional offices, and an active commercial plaza, this site benefits from consistent daily traffic flow and visibility. With continued residential expansion in Carleton Place and steady population growth, the area is experiencing a need for mixed-use developments. The level topography offers an efficient building envelope, maximizing site planning flexibility for parking, access, and design. Joint venture opportunity available with Kids World to develop a children's indoor play center with plans in place and preliminaries completed. Community Commercial zoning also permits a wide range of uses including retail, restaurant, professional office, service commercial, and potential mixed-use or multi-residential configurations. The location supports neighbourhood-serving businesses with strong commuter visibility and easy access. High-exposure parcels of this size within town limits are increasingly limited. This is a strategic acquisition for developers seeking growth-market positioning, long-term hold potential, or immediate build-out in an expansion corridor. Municipal water and sewer available. Just 25 mins to Kanata, Perth or Smiths Falls.
- MLS number
- X12822330
- Type
- Land
- Status
- Active
- Bedrooms
- —
- Bathrooms
- —
- Postal code
- K7C 2G1
- Photos
- 21
- Property tax
- $2,413 / year
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.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Land
- Class
- Commercial
- Community
- 909 - Carleton Place
- Municipality
- Carleton Place
- Cross street
- Townline Rd West between Joseph St and Flora St.
- Zoning
- Community Commercial
Land
- Lot
- 146.87 × 278.96 feet
- Shape
- Rectangular
Heating, cooling and services
- Water
- Municipal
- Sewer
- Sanitary Available
Listing
- MLS number
- X12822330
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-02-26
- Expires
- 2026-12-31
- Taxes
- $2,413 (2026)
- Board
- Ottawa Real Estate Board
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.
| School | Level | Distance | Rating |
|---|---|---|---|
| St. Gregory Catholic School CDSB of Eastern Ontario | Elementary | 97 m | / 10 70% met the standard · 3 of 6 measures |
| Notre Dame Catholic Separate School CDSB of Eastern Ontario | Elementary | 383 m | Not reported |
| Notre Dame Catholic High School CDSB of Eastern Ontario | Secondary | 383 m | / 10 71% met the standard · 2 of 6 measures |
| T R Leger School of Adult & Continuing Secondary School Upper Canada DSB | Secondary | 619 m | Not reported |
| Carleton Place High School Upper Canada DSB | Secondary | 921 m | / 10 69% met the standard · 2 of 6 measures |
| St Mary's Separate School CDSB of Eastern Ontario | Elementary | 932 m | / 10 61% met the standard · 3 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
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 345 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35090118 — the few blocks around this address, home to 345 people. It describes the area, not this property.
Percentages are of the 240 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.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.