49 Rideau Avenue, Smiths Falls, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of 901 - Smiths Falls. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $195,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 1409.88 x 1001.49 ft lot size
Description
Approximately 36 acres of Land in the Township of Montague, just on the edge of Smiths Falls. Recent improvements include: Driveway with culvert and a laneway approximately 100m long, 100' drilled well with great water supply. Recent tests show water quality is very good. Two surveys completed to support severance of 2 additional lots. NOTE: Buyer to do their own due diligence with the Township of Montague as to future use and potential to redevelop this property. Previously the owner dealt with the Planner for Smith Falls but that has changed and it's now with the Township planner. HST will be in addition to the Sale Price. NOTE: Property sits between 37 and 71 Rideau Av N where you will see a gravel road going into the lot. 48 hours irrevocable and Schedule B to accompany all offers.
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Property Summary
This vacant land located at 49 Rideau Avenue, Smiths Falls is currently for sale and has been available on SousaSells for 304 days. This property is listed at $195,000 with an estimated mortgage of $649* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 49 Rideau Avenue, Smiths Falls is in the 901 - Smiths Falls neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 49 Rideau Avenue N, Smiths Falls, ON K7A 4W1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Smiths Falls, ON
For a property listed at $195,000 in Smiths Falls, the legal minimum down payment is $9,750 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $1,675 for this transaction. As this listing is in Smiths Falls (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,675.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.