ON > Smiths Falls > 901 - Smiths Falls
Smiths Falls, ON K7A 4S4,793 Poonamalie Side Road
Smiths Falls, ON K7A 4S4,793 Poonamalie Side Road
Smiths Falls, ON K7A 4S4,793 Poonamalie Side Road
Smiths Falls, ON K7A 4S4,793 Poonamalie Side Road
Smiths Falls, ON K7A 4S4,793 Poonamalie Side Road
Smiths Falls, ON K7A 4S4,793 Poonamalie Side Road
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Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 1,274,900
Est. payment | /mo

5 SqFt

Save
$ 1,274,900
Est. payment | /mo
Save

5 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Pending

Purchase Type For Sale

Square Footage 5 sqft

Price per Sqft $254,980

Subdivision 901 - Smiths Falls

MLS Listing ID X12299398

Annual Tax Amount $6,982

Tax Year 2024

Property Sub-Type Investment

Property Description

Incredible investment opportunity on the shores of Lower Rideau Lake! This rare 5.85-acre waterfront property boasts an impressive 750 feet of shoreline, level terrain, and breathtaking views, making it ideal for a variety of commercial or recreational uses. Zoned Tourist Commercial, the property offers tremendous potential for a marina, seasonal rentals, or a private lakeside retreat. With two access points off Poonamalie Road, the land is easily accessible and well-equipped with three septic systems, a drilled well, and multiple existing structures. The property features a beautifully maintained log home built circa 1846 with two bedrooms and two bathrooms, offering approximately 1,400 square feet of rustic charm. In addition, a spacious duplex provides approximately 2,288 square feet of living space, with each unit offering two bedrooms and a full bath; perfect for generating rental income or live on the water while renting the other unit. A large 30x50-foot detached garage and a 30x40-foot clubhouse with 200-amp service offer versatile space for storage, workshops, or gatherings. There are also five camping trailer sites on the property, as well as 25 floating docks still on site from the property's previous use as a marina, offering added value and versatility for waterfront activities. With its prime location, expansive shoreline, and existing infrastructure, this is a truly unique property with unlimited potential in one of Ontario's most desirable lakefront regions.

Location

Province ON

County Lanark

Community 901 - Smiths Falls

Area Lanark

Interior

Cooling No

Exterior

Utilities Available None

Lot Frontage 1273.68

Lot Depth 420.0

Listed by ROYAL LEPAGE TEAM REALTY
agent-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

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793 Poonamalie Side Road

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