$350,000
For sale: Vacant Land

ATTENTION BUILDERS & DEVELOPERS! Exceptional redevelopment opportunity in the heart of Smiths Falls. Subject to City approval, this property may offer the potential for a mixed use development combining commercial and residential uses.Ideally located just four blocks from Elmsley Street and the vibrant downtown core, this centrally situated property provides excellent access to local amenities, shops, and services.Property is being sold under Power of Sale. Please allow 24 hours' irrevocable on all offers. Buyers are responsible for conducting their own due diligence regarding zoning, permitted uses, and future development potential.
Sold data
Homes in Smiths Falls took a median of 29 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 79, across 41 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 52 days.
The median sale price was $359,900.
Homes sold for about 3.0% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 37% of sellers reduced their price before finding a buyer.
Based on 41 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Smiths Falls has 6 Fraser Institute–rated schools (4 elementary and 2 secondary), averaging 3.3/10.
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale

$285,000
Vacant LandPLAN 7 PT LOTS GERTRUDE AVENUE, 804 - Merrickville, Merrickville-Wolford

$389,900
Vacant Land3787 CARP ROAD, 9101 - Carp, Ottawa

$329,900
Vacant Land129 BRIDGE STREET, 911 - Almonte, Mississippi Mills

$385,000
Vacant Land3607-B MCBEAN STREET, 8204 - Richmond, Ottawa

$389,900
Vacant Land1351 RIDGEDALE STREET, 2604 - Emerald Woods/Sawmill Creek, Ottawa

$399,900
Vacant LandLOT 9 WILLIAM MOONEY ROAD, 9104 - Huntley Ward (South East), Ottawa

$399,900
Vacant LandTBD DAVID MANCHESTER ROAD, 9105 - Huntley Ward (South West), Ottawa

$399,900
Apartment201 - 300 LISGAR STREET, 4102 - Ottawa Centre, Ottawa