No photos for this listing yet

Photography arrives with the licensed brokerage feed. Everything else on this page, the facts, the history and the numbers, is here now.

Jump to the property details

For RentCommercial

10470 Highway 7 Highway, Carleton Place, ON

909 - Carleton Place, Carleton Place, ON K7C 0C4

Get a mortgage

From PropTx

Asking price

N/A/mo

As listed by the seller and their brokerage. It is a request, not a valuation, and nothing tests it until an offer arrives.

See all listing details

From MyNest360

What it takes to own this

The tools we build on top of the listing, each figure sourced and none of it PropTx data: what the house really costs to hold, what it costs to borrow against, and the inspection to book before your conditions come off.

True cost to own, every line with its source
Mortgage studio, compared on total cost rather than rate
An inspection plan, dated to your condition deadline

See what it costs to own

Mortgage studio Book inspection

From PropTx

The listing, as the record carries it

The price, facts, description and history exactly as the feed states them. Nothing in this section is our own estimate.

Bedrooms
The listing does not state a bedroom count.
Bathrooms
The listing does not state a bathroom count.
Interior area
4,200 sqft
Interior area as the listing states it. It does not say whether the figure was measured on site or taken from builder plans.
Property type
Commercial
The listing does not state a style.

Counts and measurements as the listing states them, not verified by us. Source: PropTx

More property details

Second dwelling

The listing does not say whether there is a second dwelling unit here. Other records in this set state it either way, so this is a silence rather than a no.

What comes from PropTx, and what is ours

The price, address, room and size figures, description and days on site are sourced from PropTx and can lag the live listing. The map placement and the cost, offer, insurance and rental tools below are our own work, not PropTx data. Anything we have modelled rather than sourced carries an Est. tag.

Price and listing history

1 event between Jul 18, 2025 and Jul 18, 2025.

Timeline

ListedJul 18, 2025Source: PropTx
$10,000

Restaurant/Bar on Highway 7, Carleton Place. This is an exceptional opportunity to own a fully equipped and licensed restaurant and bar offering maximum visibility on busy Highway 7 in the fast-growing town of Carleton Place. Situated on a high-traffic corridor and directly connected to a successful 23-room motel, this property benefits from steady customer flow and high daily exposure, making it ideal for any food and beverage concept. The restaurant spans approximately 4200 square feet with a flawless and functional layout. It is licensed for 150 indoor seats plus an additional 60-seat outdoor patio. Inside, the space features a spacious dining area, a dedicated bar, two washrooms for patrons, and a private office. The commercial kitchen is fully equipped and ready for immediate operation. A large pylon sign along the highway ensures excellent visibility for branding, while the expansive on-site parking lot easily accommodates guests and staff alike. Zoned Highway Commercial, there are no restrictions on the type of restaurant or menu, offering ultimate flexibility for operators. Whether you envision a banquet hall, family restaurant, sports bar, fine dining venue, or multicultural eatery, the location and infrastructure are ready to support your vision. The close connection with the adjacent motel creates additional opportunities for breakfast service, room service, catering, and event hosting, making this a multi-revenue stream business. This is a rare turnkey offering in one of Eastern Ontario's most rapidly developing communities.

Written by the listing brokerage to sell the house. Nothing in it is verified, so take its claims about condition to an inspection, not from it.

Type: Commercial
Living area: 4,200 sqft
Lot size: 250 by 465 ft
Status: For Rent
Occupancy: Vacant

Heating: Gas Forced Air Open
Cooling: Yes

Assessment year: 2025
Annual property tax: $20,156
Tax year: 2025

Property tax by year

Neighbourhood market statistics is not shown here

Not shown: our current listing agreement does not licence this figure for display.

Medians, sale-to-list ratios and absorption are computed from sold prices, and they are licensed to registered users only. There is no approximate version of a median that would be honest to show in their place.

Your costs, and the tools we build on it

None of this is PropTx data. Each figure is our own and carries its source: the true cost to own, the mortgage studio, the inspection plan, and the rest.

or speak with a trusted agent

Mortgage financingCompare products by total cost over your real holding period, not by rate.

Open the mortgage studio

Book inspectionChosen by what this house is, and dated against your condition deadline so the report arrives in time.

Open the inspection plan

What you'd actually pay to own itFinancing, taxes, utilities and the lines this house creates, each with its source.

How this price compares

Two figures stand against this house for two different purposes, the asking price and the assessment, so they do not agree and were never meant to. The gap is worked out here rather than left for you to hold in your head.

Asking price
Nothing of this kind on the record, and nothing here fills it in from an average of other houses.
Set by the seller and their brokerage. It is a request, and nothing tests it until an offer arrives.
Source: PropTx
Assessed value, 2025
Nothing of this kind on the record, and nothing here fills it in from an average of other houses.
The figure property tax is apportioned from, valued as of a date that is not today. It is not a market value and no lender treats it as one.
Municipal assessment and tax roll

Price per square foot

N/A

asking price over 4,200 sqft, an area the listing does not source

Days on site

no area average shown: our current listing agreement does not licence market statistics

None of these is an appraisal. Your lender orders one of those once an offer is accepted, and it is the figure that decides how much they will actually lend.

Open the full cost breakdown

Home insurancePriced on what it costs to rebuild, not on the asking price. Insurability first.

Open the insurance read

Beyond the purchaseThe first forty-eight hours, preparing the house, the grounds, and the move, each with a cost band.

Open what comes after possession

Offer strategyWhat to offer, why that number, and where to stop. It refuses to guess.

Open the offer strategy

Listing historyHow long this has really been for sale, and what the tax line becomes at your price.

Open the listing history

Does it work as a rentalCap rate, cash on cash, break-even rent and the year it turns positive, from a rent you supply.

Open the rental read

Take this to the viewingTwo sheets to print: what the record states, the carrying cost with every assumption, and the walk-through in the order you walk it.

Open the viewing brief

After your offer is firmEvery deadline between conditions waived and the keys, with the cash calendar.

Open the closing plan

See it in person

It asks one question first: whether someone is already acting for you. That answer changes who books the visit and who is on your side inside the house.

Ready to make a move?

Connect with Tara

Tara McCarthy

Broker, VP Ultra Luxury Division

Every question about this home reaches a licensed broker, not a form.

Scott McGillivray’s Trusted Network

Trades and more, once the keys are yours

Check out Scott’s preferred network to find licensed, insured trades and more.

Explore the network

Sourced from MyNest360

Figures such as 4.79% sample rates and estimates are illustrative only. Verify all details with a licensed professional before making an offer.

How this price compares

Asking price

Nothing of this kind on the record, and nothing here fills it in from an average of other houses.

Set by the seller and their brokerage. It is a request, and nothing tests it until an offer arrives.

Assessed value, 2025

Nothing of this kind on the record, and nothing here fills it in from an average of other houses.

The figure property tax is apportioned from, valued as of a date that is not today. It is not a market value and no lender treats it as one.

Price per square foot

N/A

asking price over 4,200 sqft, an area the listing does not source

Days on site

no area average shown: our current listing agreement does not licence market statistics

None of these is an appraisal. Your lender orders one of those once an offer is accepted, and it is the figure that decides how much they will actually lend.

No photos for this listing yet

10470 Highway 7 Highway, Carleton Place, ON

Asking price

What it takes to own this