For Sale: 34 William Street E, Smiths Falls, ON - REW
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$399,000
0 bd • 0 ba • 2500 - 2999 sf • Land/Lot
34 William Street E
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$399,000
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34 William Street ESmiths Falls, ON, K7A 1C4

  • 0 Bed
  • 0 Bath
  • 2500 - 2999 Sqft
  • Land/Lot

About this home

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:63626)
Listed by: Mitch Gauzas, Salesperson, ROYAL LEPAGE INTEGRITY REALTY

Home facts and features

Price details
List Price
$399,000
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Gross Taxes for 2025
$4,266
Home facts
Bedrooms
0
Full Bathrooms
0
Property Type
Land/Lot
Depth
120.8 feet
Frontage
58.7 feet
Agent details
Primary Agent
Mitch Gauzas
Primary Broker
ROYAL LEPAGE INTEGRITY REALTY
Listing details
Days on REW
12 Days
Property Views
19
MLS® Number
X13208422
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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Property Insights

St Francis de Sales School
  • Catholic
  • 4 - 8
Duncan J Schoular Public School
  • Public
  • JK - 8
St James the Greater School
  • Catholic
  • JK - 3
St. Luke Catholic School
  • Catholic
  • 7 - 12
Chimo Elementary School
  • Public
  • JK - 8
Smiths Falls District Collegiate Institute
  • Public
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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      Salesperson
      Mitch Gauzas
      Phone:
      (613) 829-1818
      Office:
      613-829-1818
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