$1,100,000
45 MUNRO Street, Carleton Place, ON K7C 1H6
Beds
Baths
Parking
Attention Investors, Business Owners, Builders and Developers.
Prime Land, Property, and Business for Sale!
Seize this incredible opportunity to own a profitable, well-established restaurant located in the heart of Downtown Carleton Place. This Famous Asian Fusion restaurant sits on an expansive 81’ x 218’ lot (0.398 acre), offering a unique and rare development potential.
Development Potential: This property offers significant potential for redevelopment. With its prime location and generous lot size, there is the possibility to demolish and rebuild, subject to verification with the Town of Carleton place. This opportunity is ideal for investors looking to capitalize on the growth and demand in the area.
Business Potential: Take advantage of substantial revenue generated from the high-traffic area (situated on a street corner near Hwy 7) and loyal customer base. The Commercial Structure is about 1,300 SQFT. Turn-key, with training available to ensure a smooth transition.

Property Summary

Property Type Commercial
Property Sub Type Sale Of Business
Transaction Type For Sale
Possession TBD

Building

Building Type Sale Of Business
Roof Unknown
Heating Gas Forced Air Open
Cooling Yes

Measurements

Lot Size 81.44 x 218.02
Lot Size Units Feet
Frontage 81.44
Depth 218.02

Land

Address 45 MUNRO Street, Carleton Place, ON K7C 1H6
City Carleton Place
Community 909 - Carleton Place
County / Area Lanark
Cross Street From Hwy 7, Turn right onto Franktown Rd, Continue onto Moore St, Turn right onto Munro St.
Sewer Unknown
Parcel Number 051230031

Parking and Garage

Garage Type Unknown

Condo / Maintenance

Pets Unknown

Taxes and Listing Info

List Price $1,100,000
Annual Taxes $10,000
Tax Year 2024
Status Active
Listing Date 2024-07-03T00:10:08Z
Updated 2026-05-22T16:51:12Z
MLS Number X9515922
Local Market Insight

What Buyers Should Know About 45 MUNRO Street, Carleton Place, ON K7C 1H6

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

45 MUNRO Street, Carleton Place, ON K7C 1H6 is positioned in 909 - Carleton Place, a part of Carleton Place where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Sale Of Business, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Sale Of Business should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to From Hwy 7, Turn right onto Franktown Rd, Continue onto Moore St, Turn right onto Munro St., public transit options, parking availability, and drive times to employment areas. A property with available parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $1,100,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows available bedrooms, available bathrooms, basement details marked as to be confirmed, and a lot size of 81.44 x 218.02, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Carleton Place, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around 909 - Carleton Place. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 45 MUNRO Street, Carleton Place, ON K7C 1H6, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.