212 Franktown Road Lanark, 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:43934)

Property Details

MLS® Number	X10442349
Property Type	Vacant Land
Neigbourhood	Carleton Place
Community Name	909 - Carleton Place

Building

UtilityWater

Municipal Water

Land

Acreage	No
Sewer	Sanitary Sewer
SizeDepth	203 Ft
SizeFrontage	122 Ft
SizeIrregular	122 X 203 Ft ; 0
SizeTotalText	122 X 203 Ft ; 0|1/2 - 1.99 Acres
ZoningDescription	R2

https://www.realtor.ca/real-estate/27620296/212-franktown-road-lanark-909-carleton-place