Lanark, ON K7A 1C4,34 William ST E
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Lanark, ON K7A 1C4,34 William ST E
Lanark, ON K7A 1C4,34 William ST E
Lanark, ON K7A 1C4,34 William ST E
Lanark, ON K7A 1C4,34 William ST E
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34 William ST E Lanark, ON K7A 1C4


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Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision 901 - Smiths Falls

MLS Listing ID X12490350

Annual Tax Amount $4,266

Tax Year 2025

Property Sub-Type Land

Lot Depth 120.84

Lot Front 58.58

Property Description

Fully Approved 7-Unit Mixed-Use Development in the Heart of Downtown Smiths FallsAn 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.

Location

Province ON

County Lanark

Community 901 - Smiths Falls

Area Lanark

Exterior

Utilities Available Yes

Lot Frontage 58.58

Lot Depth 120.84

Others

ParcelsYN No


Listed by ROYAL LEPAGE INTEGRITY REALTY
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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34 William ST E