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Attention developers! This vacant land in Smiths Falls, zoned Residential Type 2 (R2), offers an exciting opportunity to build medium-density housing. The current zoning permits a triplex, but with a minor variance from the Township of Smiths Falls, a quadplex with three upper units and one basement unit could possibly be constructed. (Confirm plans and costs with the township.)Recently severed from 241 Brockville Street, the land measures approximately 120 feet deep by 68 feet wide, providing ample space for development. Located on a year-round municipal road, the property currently has a chain-link fence and some trees that may need to be removed to maximize its potential. Municipal services are accessible but not yet connected, giving developers a clean slate for their vision.This property is just steps from Settlers Ridge Mall, grocery stores, schools, gas stations, and dental offices, making it a highly convenient location. With easy access to Kanata (45 minutes), Perth (20 minutes), Brockville (40 minutes), Kingston (just over an hour), and Merrickville (17 minutes), its ideally situated for commuters and families alike.The areas growth potential adds further value, with nearby panel and truss factories simplifying prefabricated construction.This is a rare chance to invest in a growing community, perfectly positioned for development. Dont miss out on this excellent opportunity to turn your vision into reality!
City: Smiths Falls
Neighborhood: 901 - Smiths Falls
Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
---|---|---|---|---|---|
Apr 29, 2024 | 17 | $135,000 | $135,000 | Sold | X9422998 |
Purchase Price | $160000 |
Down Payment | $32000 |
Mortgage Insurance | $0 |
Total Mortgage | $128000 |
Mortgage Payment | $789 |
Property Taxes | $0 |
Maintenance Fees | $0 |
Monthly Payment | $789 |
Sold Comparables homes near 241a Brockville St, Smiths Falls
Located at 241a Brockville St , this Smiths Falls house is available for sale. This property was listed for $160,000 on Thu Jan 09 2025. This house's size is 20.98 x 36.58 Metres. It has bedrooms and 0 bathrooms. The property includes the following rooms: . 241a Brockville St, Smiths Falls is situated in the 901 - Smiths Falls neighbourhood.
MLS#: X11903710 · $160,000 · bedroom house in 901 - Smiths Falls, Smiths Falls