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Friday, July 10th, 2026

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$444,900
Available - For Sale
Listing ID: X12490350
Fully Approved 7-Unit Mixed-Use Development in the Heart of Downtown Smiths Falls. An 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.
Price $444,900
Taxes: $4,266
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Vacant
Address: 34 William Street East , Smiths Falls, K7A 1C4, Lanark
Postal Code: K7A 1C4
Province/State: Lanark
Legal Description: LT 206 N/S WILLIAM ST PL 13884 LANARK S
Directions/Cross Streets: Elmsley St N
No. of Pieces Level
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Category: Designated
Total Area: 7,061.12
Total Area Code:  Square Feet
Maintenance: 0
Sewers: Sanitary+Storm
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ROYAL LEPAGE INTEGRITY REALTY

34 William Street East , Smiths Falls, K7A 1C4, Lanark

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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At a Glance:
Type: Com - Land
Area: Lanark
Municipality: Smiths Falls
Neighbourhood: 901 - Smiths Falls
Style:
Lot Size: x 120.84(Feet)
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Tax: $4,266
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com