




Smiths Falls (901 - Smiths Falls), Ontario, K7A1C4
This vacant land in Smiths Falls offers 7,061 sqft of building area. The property has lot dimensions of 58.58 x 120.84 FT.
Fully Approved 7-Unit Mixed-Use Development in the Heart of Downtown Smiths Falls. An exceptional opportunity for developers and investors alike-this fully approved mixed-use infill development site is ideally located in the vibrant downtown core of Smiths Falls. With a walk score of 89, this high-visibility location offers excellent accessibility to shops, services, and transit, making it highly desirable for both residents and commercial tenants.The property is vacant, fully serviced, and ready for construction. A demolition permit for the existing home and garage has already been granted by the municipality, allowing for immediate site preparation. The approved site plan features a three-storey low-rise building with a 2,400 sq. ft. footprint and six parking spaces located at the rear. The main floor is designed with two street-front retail or office units plus a two-bedroom residential apartment at the back. The second and third floors each include two spacious two-bedroom apartments, offering a total of five residential units and two commercial spaces. The basement is allocated for mechanical systems, tenant storage, and shared laundry facilities. With commercial space representing less than 30% of the total building area, the project qualifies for CMHC financing-enhancing long-term investment potential and ease of funding. This property represents a turnkey urban infill opportunity-ideal for a developer ready to build or an investor seeking a pre-approved, income-generating asset in one of Eastern Ontario's most progressive and walkable downtowns. (id:60351)
| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| — | Price Changed | X12490350 | $444,900 | -16.8% |
| Oct 29, 2025 | Listed For Sale | X12490350 | $535,000 | — |
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Listed by Mitch Gauzas, ROYAL LEPAGE INTEGRITY REALTY
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Listing represented by Mitch Gauzas, ROYAL LEPAGE INTEGRITY REALTY · MLS# X12490350
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.