50 Lorne Street, Smiths Falls, ON
Property Highlights
Welcome to this remarkable 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 $374,900 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 150 x 682.77 ft lot size
Description
Discover one of the last remaining parcels of M2 Light Industrial land within the Smiths Falls town limits. This 4.2-acre property offers exceptional potential for development and growth - whether you're looking to expand your existing business or build from the ground up. Ideally located just minutes from the downtown core, this site provides excellent accessibility and visibility, with the added benefit of rail adjacency for potential logistical advantages. Zoned M2, the property allows for a wide variety of permitted uses, making it a rare and versatile opportunity in a growing community. Position your business for success - industrial land of this size and zoning is a true gem in Smiths Falls!
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Pricing & Value Insights
Data-driven valuation for 50 Lorne Street, Smiths Falls, ON K7A 3K7
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About Purchasing a Home in Smiths Falls, ON
For a property listed at $374,900 in Smiths Falls, the legal minimum down payment is $18,745 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 $4,099 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 $4,099.
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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.