110/112 Lorne Street Smiths Falls, Ontario K7A 3L1

$449,000

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:43934)

Property Details

MLS® Number	X13513828
Property Type	Single Family
Community Name	901 - Smiths Falls
Parking Space Total	9
Structure	Shed

Building

Appliances	Water Heater
Basement Type	Crawl Space
Cooling Type	None
Exterior Finish	Vinyl Siding
Fireplace Present	Yes
Foundation Type	Block, Stone
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	2,500 - 3,000 Sqft
Type	Other

Parking

Detached Garage
Garage

Land

Acreage	No
Sewer	Septic System
Size Frontage	208 Ft ,7 In
Size Irregular	208.6 Ft
Size Total Text	208.6 Ft
Zoning Description	Mg-2

https://www.realtor.ca/real-estate/29979451/110112-lorne-street-smiths-falls-901-smiths-falls