Overview

This lot in Smiths Falls is for sale.

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Description

ATTENTION BUILDERS & DEVELOPERS! Exceptional redevelopment opportunity in the heart of Smiths Falls. Subject to City approval, this property may offer the potential for a mixed use development combining commercial and residential uses.Ideally located just four blocks from Elmsley Street and the vibrant downtown core, this centrally situated property provides excellent access to local amenities, shops, and services.Property is being sold under Power of Sale. Please allow 24 hours' irrevocable on all offers. Buyers are responsible for conducting their own due diligence regarding zoning, permitted uses, and future development potential. (id:66096)

Property Details

MLS®: X13611170
Property Type: Vacant Land
Zoning: Rural Residential
Bathrooms: 0
Parking: 0
Lot Size: 156 × 134 ft (20,877 sq ft)
Frontage: 156 ft
Garage: No Garage
Property Tax: $919/yr
Listed: 99 days ago

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

99d

Smiths Falls listings, avg age

80d

List price

$350K

Haho

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Listed by HOMELIFE/CHAMPIONS REALTY INC. · UTAYAN PONNUTHURAI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K7A)

This home lists at $350,000, about 4.7× the local median household income of $74,500.

Carrying it typically needs a household income of about $68,367 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $74,500
Population: 17,575
Median age: 46.8
Owner / renter: 72% / 28%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K7A)

$350,000

For sale

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Financing

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113 WILLIAM Street, Smiths Falls - Vacant Land for Sale