1 George ST N new

Smiths Falls,ON K7A 1X8

$ 1200000

- Bed

- Bath

19924 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

Development Opportunity in the Heart of Smiths Falls, Ontario - 5-Lot Package! An exceptional development opportunity awaits in the thriving town of Smiths Falls, Ontario. This prime package includes five separate lots, available for purchase together, offering 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. The existing structures on the property are ready to be demolished, with utilities disconnected and permits already obtained by the sellers, allowing for a seamless transition to your project. A zoning amendment application has been completed and approved, paving the way 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. Additionally, 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. 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. Contact us today for more information or to arrange a viewing.

Location

Province ON

County Lanark

Community 901 - Smiths Falls

Area Lanark

Zoning RM

Exterior

Utilities Available Available

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