110/112 Lorne Street,Smiths Falls, ON K7A3L1
Smiths Falls, ON K7A3L1
Description
Rare investment and development opportunity in the community of Smiths Falls! Situated on approximately 4 acres, this unique property features two separate homes, a detached garage, and a storage shed, offering a variety of possibilities for investors, developers, business owners, or multi-generational families. The first home is a bungalow offering 3 bedrooms and 1 bathroom, while the second is a 1-storey home featuring 2 bedrooms and 1 bathroom. Both homes are serviced by natural gas, have their own septic systems, and share a drilled well. The property includes a 25' x 25' detached garage and a storage shed. Whether you're looking to live in one home while generating rental income from the other, add to your investment portfolio, or explore future development opportunities, this property offers exceptional potential. Zoned M2-3, the property also permits a variety of limited commercial and industrial uses, creating additional opportunities for business or redevelopment. Both homes require significant repairs and updating and are being sold strictly in "as is, where is" condition with no representations or warranties by the Seller. (id:13843)
Details
| MLS # | X13513828 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Days On Site | 115 |
| Listing Provided By | ROYAL LEPAGE ADVANTAGE REAL ESTATE LTD | Angel Wilkes |
Features
| SQ Feet | 2,500 |
|---|---|
| Garage | 9 |
| Basement | Y |
| Zoning | MG-2 |
Interior
| Cooling | None |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | Water Heater |
| Fireplace Yes / No | Yes |
Exterior
| Foundation Details | Stone, Block |
|---|
Parking
| Parking Features | Detached Garage, Garage |
|---|---|
| Parking Total | 9 |
Utilities
| Sewer | Septic System |
|---|
Taxes
| Tax Annual Amount | 4470 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | Smiths Falls |
| Postal Code | K7A3L1 |
| Listing VS Median (in K7A3L1) | |
Price: $399,000 low | high Med: $499,900 sqft: 2,500 low | high Med: 1,100 $ / sqft: $160 low | high Med: $454 On site: 115 low | high Med: 76 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Smiths Falls |
| Postal Code | K7A3L1 |
| Listing VS Median (in K7A3L1) | |
Price: $399,000 low | high Med: $499,900 sqft: 2,500 low | high Med: 1,100 $ / sqft: $160 low | high Med: $454 On site: 115 low | high Med: 76 | |
