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Investment Highlights

  • Prime 14.5-acre site located near the busy intersection of Highway 7 and McNeely Avenue in Carleton Place.
  • Surrounded by new residential communities and commercial businesses in a rapidly growing market corridor.
  • Commercial zoning with approvals for mixed-use development, offering versatile project opportunities.
  • Excellent accessibility with three road frontages and a direct 20-minute drive to Ottawa via a four-lane highway.

Executive Summary

Development land of 14.5 acres in popular Carleton Place, 20 minute drive from Ottawa on 4-lane highway. Located near busy corner of Hwy 7 and McNeely Ave in area of new growth subdivisions, commercial businesses and extensive Official Plan expansion. Land cleared and has quick, easy drive to Ottawa. Significant opportunity for diverse development projects and for developers looking to tap into a thriving market in one of the fastest consistently growing towns in Canada. Currently zoned Commercial and approved for mixed-use. New residential development surrounding the property. The acreage, location, zoning, existing expansions of infrastructure and market demand create ideal opportunity for developers and investors looking to capitalize on Carleton Place's rapid growth. Land is near busy intersection with three road frontages, McNeely Ave and Captain A Roy Brown Blvd. Surveys and covenants for land are available. HST is applicable

Property Facts

Price $5,500,000 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Multifamily
Total Lot Size 13.53 AC
Zoning HC - Highway Commercial

1 Lot Available

Lot

Price $5,500,000 CAD
Price Per AC $406,504.07 CAD
Lot Size 13.53 AC

Description

ross Streets: From Ottawa: Hwy 417 west. Exit Hwy 7 to Carleton Place. At first intersection is Hwy 7 and McNeely Ave (County Rd 29). Turn left onto McNeely Ave. At roundabout, is east corner of property; the land wraps behind and beside Home Depot. ** Directions: From Ottawa: Hwy 417. Exit Hwy 7 to Carleton Place. Corner of Hwy 7 and McNeely Ave. Left onto McNeely Ave. At roundabout, is east corner of property; land wraps behind and beside Home Depot to end of 2nd roundabout to end of un-named new road.

Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
  • Listing ID: 40845891

  • Date on Market: 2026-06-09

  • Last Updated:

  • Address: McNeely Road, Carleton Place, ON K7C 0J6

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