Property Details
1 GEORGE STREET N, Smith Falls, Ontario, K7A1X8
$1,200,000 - For sale
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. Contact us today for more information or to arrange a viewing. (id:2471)
Location DescriptionBeckwith (Hwy. 15) and Main
- Property Address:1 GEORGE STREET N, Smith Falls, Ontario, K7A1X8
- Property Type:Vacant Land
- Community Name:901 - Smiths Falls
- Lot Size:54 x 35 FT
- Sewage Type:Sanitary sewer
- Water Type:Municipal water
- Floor Space:19924 sqft
MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.
- Map 1 GEORGE STREET N, Smith Falls, Ontario, K7A1X8
- Neighbourhood Information
1 GEORGE STREET N, Smith Falls, Ontario, K7A1X8
The out of province listing content on this website is not intended to solicit a trade in real estate. Any consumers interested in out of province listings must contact a person who is licensed to trade in real estate in that province.
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
Terms and Conditions
This website is operated by a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, and CREA.
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.
We may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.