$399,000
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34 William Street E, Smiths Falls, ON K7A1C4

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Fully Approved 7-Unit Mixed-Use Development Opportunity in the Heart of Downtown Smiths Falls. Exceptional turnkey infill project ideally positioned in one of Eastern Ontario's fastest-growing and most walkable downtown communities, with an impressive walk score of 89 and immediate access to shops, restaurants, services, parks, and transit. This high-visibility site is fully serviced and vacant with demolition approval already in place for the existing structures, allowing a developer to move directly toward construction. The approved site plan permits a modern three-storey mixed-use building featuring approximately 2, 400 sf per floor, six rear parking spaces, and an efficient, high-demand unit mix designed for both stable residential income and strong street-level commercial presence. The ground floor includes two attractive retail/office storefront units plus a rear two-bedroom residential suite, while the second and third floors each feature two spacious two-bedroom apartments, for a total of five residential units and two commercial units. The lower level is designed for mechanical systems, tenant storage, and shared laundry amenities. Importantly, the commercial component represents less than 30% of the total gross floor area, supporting eligibility for attractive Canada Mortgage and Housing Corporation (CMHC) construction financing and take-out laon options, creating significant advantages for long-term investment returns. With approvals already secured, servicing in place, and a highly functional site plan tailored to current market demand, this is a rare opportunity for developers or investors seeking a ready-to-build mixed-use asset with strong future income potential in the thriving downtown core of Smiths Falls. (id:58753)

Listing By: Mitch Gauzas - ROYAL LEPAGE INTEGRITY REALTY cncrea2 Realty.com
  • MLS® X13208422
  • Date Listed05/28/2026
  • Days on Realty 10 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Cross Streets: Elmsley St N. ** Directions: Midway between Elmsley St N and Market St N.

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for K7A1C4

Discover key demographics, population statistics, and environmental insights for the Smiths Falls, ON area.

Walkability in ON / K7A1C4

Source: Walk Score

89/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

49/100

Bikable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 10/100, Transit Score: 0/100, Bike Score: 26/100.

Points of Interest near 34 WILLIAM STREET E, Smiths Falls, ON K7A1C4

Frequently Asked Questions for 34 WILLIAM STREET E

Source: Realty.com

34 WILLIAM STREET E, Smiths Falls, ON K7A1C4 in Smiths Falls, ON K7A1C4 is a land listed at $399,000. Realty.ca has 13 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 13 photos of 34 WILLIAM STREET E.

The full address for this home is 34 WILLIAM STREET E, Smiths Falls, ON K7A1C4.

34 WILLIAM STREET E has been listed on Realty.com since Thu May 28, 2026

Most errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 10/100, Transit Score: 0/100, Bike Score: 26/100.

Listing provided courtesy of: ROYAL LEPAGE INTEGRITY REALTY
Listing agent: Mitch Gauzas

This content last refreshed on 2026-06-07 09:31:34. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.