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Smiths Falls,ON K7A 1Z4
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 41,223 sqft
Price per Sqft $0
Subdivision 901 - Smiths Falls
MLS Listing ID X12319960
Annual Tax Amount $132,722
Tax Year 2025
Property Sub-Type Investment
Property Description
For Sale Court-Approved Receivership Sale. A newly constructed four-storey mixed-use building featuring 33 modern residential suites and groundfloor commercial space, ideally located in the heart of downtown Smiths Falls. Situated on a 0.60-acre site at the southeast corner of Maple Avenue and William Street West, the property offers excellent visibility, walkability, and proximity to local amenities. The total gross floor area is approximately 41,223 sq. ft., with residential layouts ranging from efficient 403 sq. ft. bachelor units to spacious 780 sq. ft. two-bedroom suites. Each unit includes in-suite laundry, air-conditioning, and stainless-steel appliance package (fridge, electric range, dishwasher, and microwave). All the units are separately metered for hydro and water. Additional income streams include internet services and parking. Finishes feature luxury vinyl plank and ceramic tile flooring, delivering a modern and durable aesthetic. A planned second-floor patio will provide residents with private outdoor space in an urban setting. Parking is provided via 31 surface stalls and 19 indoor spaces, serving both residents and commercial tenants.
Location
Province ON
County Lanark
Community 901 - Smiths Falls
Area Lanark
Zoning C1
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 165.72
Lot Depth 210.24