Residential or Multi-use Development Site of 4.57 acres in a growing community of residential and commercial developments. Being on the banks of the scenic Mississipi River, Carleton Place is ideally located only a 50 Kilometre commute from Ottawa with a more quiet and affordable lifestyle. It offers a perfect blend of small town living with urban conveniences in retail and recreational facilities. Nearby on Franktown Road will have a new 152 unit retirement residence plus another 104 residential units to include an apartment building and townhouse units. The township has indicated that the subject site could accomodate up to 150 residential units.