ON > Smiths Falls > 901 - Smiths Falls
Smiths Falls, ON K7A 1X8,1 George ST N
Smiths Falls, ON K7A 1X8,1 George ST N
Smiths Falls, ON K7A 1X8,1 George ST N
Smiths Falls, ON K7A 1X8,1 George ST N
Smiths Falls, ON K7A 1X8,1 George ST N
Smiths Falls, ON K7A 1X8,1 George ST N
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
10
Jul
Fri
11
Jul
Sat
12
Jul
Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 1,200,000
Est. payment | /mo

19,924 SqFt

Save
$ 1,200,000
Est. payment | /mo
Save

19,924 SqFt

Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Square Footage 19,924 sqft

Price per Sqft $60

Subdivision 901 - Smiths Falls

MLS Listing ID X11984382

Annual Tax Amount $1,520

Tax Year 2024

Property Sub-Type Land

Property Description

Exceptional Development Opportunity - a prime 5-Lot Package with a zoning amendment application already completed and approved for the construction of 36 residential and 2 commercial units! Plans for the proposed development are available, offering detailed insights into the potential of this fantastic site. The existing structures are ready to be demolished. Permits have been obtained by the sellers and all utilities have been disconnected, allowing for a seamless transition to your project. With cap rates that are projected to be 6% +, this project promises lucrative returns for savvy investors. To add the cherry on top, Smiths Falls offers a property tax incentive for developers which can be applied for up to 10 years, making this a highly attractive investment opportunity. The package includes five separate lots, only available for purchase together, providing the perfect canvas for your next residential and commercial project. Situated in the heart of Smiths Falls, this land offers close proximity to Ottawa, making it an ideal location for future residents and businesses. This is an exceptional opportunity for developers to create a highly sought-after mixed-use development in a prime location with guaranteed demand. Whether you're looking to create modern residential spaces or commercial units that serve the growing community, this is a rare and valuable offering in a rapidly developing area. Don't miss your chance to be part of Smiths Falls exciting future.

Location

Province ON

County Lanark

Community 901 - Smiths Falls

Area Lanark

Zoning RM

Exterior

Utilities Available Available

Lot Frontage 54.0

Lot Depth 35.0

Listed by ROYAL LEPAGE EDMONDS & ASSOCIATES
advisor-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Fawad Nissari, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

1 George ST N

QUICK SEARCH3

Free Account Required

  • Instant access to listing photos & details
  • Save listings and searches
  • Access details for this property