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in Lanark: 901 - Smiths Falls Commercial for sale (Smiths Falls) : MLS®# X12123560
$14,590,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12123560
- Total Area:
- 26,199 sq. ft.
Remarkable Investment Opportunity in Ontario. We are pleased to present an exceptional commercial listing featuring a well-maintained 33-unit apartment building, complemented by an impressive 6,000 square feet of prime retail space. This unique property offers investors a rare chance to own a diversified income-generating asset in a thriving neighborhood.With a cap rate exceeding 5.25%, this property highlights upside in returns and robust cash flow. The apartment units 65%+ leased with strong demand, ensuring a stable residential income stream. The strategically located retail space enhances versatility and provides additional revenue potential, making it an attractive asset for both experienced investors and newcomers. Situated in an area with increasing demand for housing and retail services, this property stands out as a high-value investment. Key amenities, including public transportation, schools, and shopping centers, are within close proximity to attract qualified tenants. "Deadline for Offers, May 13 at 5:00pm" More detailsListed by MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA INC.- CHRIS MAHON
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231 Lombard Street in Lanark: 901 - Smiths Falls Commercial for sale (Smiths Falls) : MLS®# X12212417
231 Lombard Street Lanark K7A 5B8
$5,850,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12212417
- Major Bus.:
- Retail Store Related
- Total Area:
- 28,787 sq. ft.
High exposure retail opportunity on the south side of Smiths Falls along busy Highway 15. This large standalone building features a bright, open showroom with high ceilings ranging from 15' to 21', ideal for a multitude of uses including retail, automotive, or service uses. Property includes a large fenced outdoor yard, a covered exterior display area, and two loading docks: one covered, grade-level dock and one declining dock designed for 53' trailers. Ample outdoor storage permitted. Large customer parking area. Surrounded by top-tier retailers, automotive and RV dealerships, restaurants and more. Highway 15 is a major corridor with consistently high daily traffic from local shoppers, cottagers, and regional travelers moving between Ottawa, Kingston and beyond. This location offers unbeatable visibility, easy access, and flexibility to grow your business. Rare opportunity to position yourself in one of the area's most vibrant commercial zones. More detailsListed by COLLIERS- CHRIS MAHON
- RE/MAX RISE EXECUTIVES
- 1 (613) 3311228
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3551 Highway 43 Highway in Lanark: 901 - Smiths Falls Commercial for sale (Smiths Falls) : MLS®# X12308957
3551 Highway 43 Highway Lanark K7A 4S4
$4,200,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12308957
- Total Area:
- 174 acre(s)
Welcome to an exceptional and exceedingly rare offering on the banks of the UNESCO World Heritage Site Rideau Canal. Nestled just outside the growing community of Smiths Falls, this expansive and diverse property presents endless potential for developers, investors, or visionaries seeking a landmark project with breathtaking natural surroundings. Spanning a 174 acre parcel of land, this property currently houses a Mobile Home Park, having once operated as a golf course. The land also includes the original farmhouse, a series of barns, and the former clubhouse each offering the possibility for repurposing, restoration, or redevelopment. Strategically positioned, this property offers prime access with frontage on Highway 43, along with two separate access points on Poonamalie Road (100' and 66'), providing flexibility for future planning and development. The Rideau Canal wraps gracefully along the point of the property, offering stunning panoramic views of the waterway and the charming town of Smiths Falls just across the River. This property offers rare private access to the canal, further enhancing its recreational and tourism appeal. Imagine a thoughtfully designed recreational development all anchored by the property's natural beauty and historical charm. Located approximately 10 minutes from historic Heritage Perth and just one hour from Ottawa, this is a truly unique opportunity to shape a destination property in one of Eastern Ontario's most scenic and storied locations. Don't miss your chance to explore the untapped potential of this extraordinary Rideau Canal-front property. Showings by appointment only. More detailsListed by RE/MAX AFFILIATES REALTY LTD.- CHRIS MAHON
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75 Lombard Street in Lanark: 901 - Smiths Falls Commercial for sale (Smiths Falls) : MLS®# X12288286
75 Lombard Street Lanark K7A 4Y9
$1,899,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12288286
- Total Area:
- 9,371 sq. ft.
High Exposure retail property on a convenient corner lot on busy Lombard St. This property is located right beside McDonalds and in front of the Independent Grocery Store. The Beer Store is the tenant with a Triple Net Lease in place until December 2030 with 3 x 5yr tenant options. Tenant is responsible for all operating and maintenance expenses. The building is 9,371 sqft, on .65 of an acre with two full loading bays and a portion of excess land that could be built up or used for parking. To show the strength of the location other neighboring tenants include: Dollar Tree, Canadian Tire, Scotia Bank, KFC, DQ, Walmart, Esso, Tim Hortons, Marks, LCBO, Starbucks. This is a care free lease and as hands off as it gets for the landlord. More detailsListed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE- CHRIS MAHON
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- 1 (613) 3311228
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42 UNION Street in Lanark: 901 - Smiths Falls Commercial for sale (Smiths Falls) : MLS®# X9517545
42 UNION Street Lanark K7A 5C4
$1,450,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X9517545
- Total Area:
- 8,466 sq. ft.
Discover the ideal warehouse space in Smiths Falls, Ontario, boasting three large leasable areas throughout the warehouse, or use them for your own personal business needs, offering versatile configurations. Additional smaller bonus area available, ideal for storage or supplementary operations. Potential gross revenue exceeding $10,000/Month from rentals, with minimal additional costs as responsibilities are primarily with the renters. Prime location in Smiths Falls ensures maximum exposure and ease of access for customers and suppliers alike. Whether you're expanding your operations, seeking storage solutions, or looking for a strategic business location, this warehouse presents an unparalleled opportunity. Don't miss out on securing your space in one of Smiths Falls' most accessible areas. More detailsListed by CENTURY 21 SYNERGY REALTY INC.- CHRIS MAHON
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- 1 (613) 3311228
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793 Poonamalie Side Road in Lanark: 901 - Smiths Falls Commercial for sale (Smiths Falls) : MLS®# X12299398
793 Poonamalie Side Road Lanark K7A 4S4
$1,274,900 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X12299398
- Major Bus.:
- Marina
- Total Area:
- 5.85 acre(s)
Incredible investment opportunity on the shores of Lower Rideau Lake! This rare 5.85-acre waterfront property boasts an impressive 750 feet of shoreline, level terrain, and breathtaking views, making it ideal for a variety of commercial or recreational uses. Zoned Tourist Commercial, the property offers tremendous potential for a marina, seasonal rentals, or a private lakeside retreat. With two access points off Poonamalie Road, the land is easily accessible and well-equipped with three septic systems, a drilled well, and multiple existing structures. The property features a beautifully maintained log home built circa 1846 with two bedrooms and two bathrooms, offering approximately 1,400 square feet of rustic charm. In addition, a spacious duplex provides approximately 2,288 square feet of living space, with each unit offering two bedrooms and a full bath; perfect for generating rental income or live on the water while renting the other unit. A large 30x50-foot detached garage and a 30x40-foot clubhouse with 200-amp service offer versatile space for storage, workshops, or gatherings. There are also five camping trailer sites on the property, as well as 25 floating docks still on site from the property's previous use as a marina, offering added value and versatility for waterfront activities. With its prime location, expansive shoreline, and existing infrastructure, this is a truly unique property with unlimited potential in one of Ontario's most desirable lakefront regions. More detailsListed by ROYAL LEPAGE TEAM REALTY- CHRIS MAHON
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246 LERA Street in Lanark: 901 - Smiths Falls House for sale (Smiths Falls) : MLS®# X12281342
246 LERA Street Lanark K7A 5M3
$1,250,000Residential Freehold- Status:
- Active
- MLS® Num:
- X12281342
- Bedrooms:
- 4
- Bathrooms:
- 4
BETTER THAN NEW!! Situated in the beautiful community of Smiths Falls, Ontario only minutes to the parks and locks along the Rideau River and Canal. Only 45 minutes into Ottawa, the 417 and the TransCanada highway, 30 minutes to Brockville and the 401 to Montreal and Toronto. This is a Custom Built High-tech Executive Smart Home worthy of any CEO. Over 5,000 sqft of finished space including a stunning walk-out lower level that leads to covered patio w/ hot tub. Three levels of custom elegance adorns this huge 4 bedroom, 4 bathroom home. Rich dark mahogany hardwood, porcelain & ceramic tile flooring, Deslaurier custom cabinetry w/granite counters, 3 stone fireplaces, vaulted & tray ceilings, wrought iron spindles, 28 in-ceiling SONOS speakers over 4 zones, high-tech wiring throughout, wall mounted touch panels, commercial grade gym, a magnificent home theatre with 4K dual laser projector, 16.2 Dolby ATMOS surround sound system powered buy a state of the art Marantz head unit, better than going out, a wrap around upper deck with barbecue, and an oversized fully insulated and heated double car garage. Just a few of the features of this magnificent home. The Main Floor features a chef's dream kitchen, open concept w/ SMART stainless appliances, gas range, multiple sinks, a spacious master suite with double WICs, stone fireplace, 5 pc ensuite with programmable temperature and pressure controlled tile and glass shower, a huge vaulted Great Room with another stone fireplace, 2-storey foyer, and an entertaining sized family oriented dining room, with built in buffet hutch. The upper level features two large bedrooms w/Jack-n-Jill 4 pc bathroom and huge Family Room that overlooks the main floor Great Room. The lower level walkout features the completely sound proofed home theatre and bar, the commercial grade home gym, a 4th bedroom and 4pc bathroom. Luxury living, custom designed. A must see! See the video at https://youtu.be/GntJiDntpNk More detailsListed by SOLID ROCK REALTY- CHRIS MAHON
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- 1 (613) 3311228
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1 George Street N in Lanark: 901 - Smiths Falls Commercial for sale (Smiths Falls) : MLS®# X11984382
1 George Street N Lanark K7A 1X8
$1,200,000 /For SaleCommercial- Status:
- Active
- MLS® Num:
- X11984382
- Major Bus.:
- Residential
- Total Area:
- 19,924 sq. ft.
Exceptional Development Opportunity - a prime 5-Lot Package with a zoning amendment application already completed and approved for the construction of 36 residential and 2 commercial units! Plans for the proposed development are available, offering detailed insights into the potential of this fantastic site. The existing structures are ready to be demolished. Permits have been obtained by the sellers and all utilities have been disconnected, allowing for a seamless transition to your project. With cap rates that are projected to be 6% +, this project promises lucrative returns for savvy investors. To add the cherry on top, Smiths Falls offers a property tax incentive for developers which can be applied for up to 10 years, making this a highly attractive investment opportunity. The package includes five separate lots, only available for purchase together, providing the perfect canvas for your next residential and commercial project. Situated in the heart of Smiths Falls, this land offers close proximity to Ottawa, making it an ideal location for future residents and businesses. This is an exceptional opportunity for developers to create a highly sought-after mixed-use development in a prime location with guaranteed demand. Whether you're looking to create modern residential spaces or commercial units that serve the growing community, this is a rare and valuable offering in a rapidly developing area. Don't miss your chance to be part of Smiths Falls exciting future. More detailsListed by ROYAL LEPAGE EDMONDS & ASSOCIATES- CHRIS MAHON
- RE/MAX RISE EXECUTIVES
- 1 (613) 3311228
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74 Colonel By Crescent in Lanark: 901 - Smiths Falls House for sale (Smiths Falls) : MLS®# X12258620
74 Colonel By Crescent Lanark K7A 5B6
$899,900Residential Freehold- Status:
- Active
- MLS® Num:
- X12258620
- Bedrooms:
- 4
- Bathrooms:
- 3
Every street has a premium lot location. This property has an unobstructed view of the Rideau River, parks and recreational areas. Enjoy a spectacular view of the Rideau River while sipping something fresh on your upper level screened in porch or ground level walk out patio. A large home quality built for the whole family by Gallipeau Construction. Sitting on a choice walkout lot on the prestigious Colonel By Crescent. A well-developed area of town with easy access to schools, parks, shopping & amenities. Boasting approximately 4000 sq ft of space, you're greeted by a wide foyer, a comfortable living rm, a formal dining rm, kitchen with breakfast bar & eating nook. There is an upper sunroom, a main floor Laundry & a mud room to the double car garage. Down the hall you'll find a 4 pc. Bathroom, a spacious master with ample closet space and 3 pc. ensuite, plus two more good sized bedrooms. The lower level offers more expansive space beginning with a walk-out family room with gas stove, a games area with a welcoming wet bar, a 4th bedroom, a 3 pc. Bathroom, a huge recreation room or split this one into an exercise rm & home office. (Note there is an existing decommissioned indoor pool under the rec room floor joists. It may be possible to restore it if desired) plus a large storage rm & utilities rm. Radiant Hot water heat + heat pump air conditioning. Large pie lot & parking for 6 on the paved triple car wide driveway. Water $1260, Hydro $1672, Gas $1752, Taxes $6213. More detailsListed by RE/MAX AFFILIATES REALTY LTD.- CHRIS MAHON
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151 Chambers Street in Lanark: 901 - Smiths Falls House for sale (Smiths Falls) : MLS®# X12219098
151 Chambers Street Lanark K7A 2Z5
$849,900Residential Freehold- Status:
- Active
- MLS® Num:
- X12219098
- Bedrooms:
- 8
- Bathrooms:
- 6
This well-maintained, fully tenanted multiplex presents a strong opportunity for investors seeking a reliable income property with clear upside. Zoned R4 and located within walking distance of downtown Smiths Falls, the building includes six residential units: two 2-bedroom apartments, three 1-bedroom units, and one bachelor suite. All units save the bachelor are separately metered, with those tenants paying their own hydro. All units are heated by electric baseboard, and domestic hot water is supplied via a shared natural gas hot water tank. Two units have been recently renovated, and windows have been updated as needed over time. The property has been owned and maintained by a respected local general contractor for over 30 years, reflecting consistent care and stewardship. Key systems, including windows and the roof, have been updated as necessary over the years. With a current net operating income of $42,070, the property delivers a cap rate of 4.95% based on existing rents. However, with rents well below market value, there is significant room for growth. A pro forma using typical local rents projects a cap rate of 7% or more, even with allowances for management and maintenance. The property includes six on-site parking spots and is located directly adjacent to a public park, with a baseball diamond just across the street. Only a short walk to the Rideau River, restaurants, shopping, and other amenities, this property combines stable income with long-term potential in one of Eastern Ontario's most accessible mid-size markets. Further photos and projected income analysis available upon request. More detailsListed by COLDWELL BANKER FIRST OTTAWA REALTY- CHRIS MAHON
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2 GEORGE Street N in Lanark: 901 - Smiths Falls House for sale (Smiths Falls) : MLS®# X12235273
2 GEORGE Street N Lanark K7A 1X9
$839,000Residential Freehold- Status:
- Active
- MLS® Num:
- X12235273
- Bedrooms:
- 4
- Bathrooms:
- 2
Victorian & First class. A rare find on about a 1/2 acre in town, a few minutes walk to the canal, all amenities and more. This home is set in the midst of award winning gardens with all entertainment essentials imaginable inside fenced and private grounds. This 4 bed, 2 bath home has been meticulously maintained and is also modernized for today's comforts. Enter the oversized foyer with formal living room, separate dining room, breakfast room, family room, laundry and powder room, all on main floor. From the formal dining room enjoy the 'Advent' season with lighting and choirs ringing out from St. John the Evangelist church. Kitchen is grand, a chef's delight. Cabinetry was custom designed with all S/S appliances, looks out to large verandah which opens to private grounds finished with interlock and a small area of lawn. Enjoy the beauty of nature or a symphony of bird songs while right at home. Welcome to a residence where Sir Wilfred Laurier (we are told) was once an invited guest. With new metal 1-car garage built 2025. More detailsListed by RE/MAX FRONTLINE REALTY- CHRIS MAHON
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105 Rabb Street in Lanark: 901 - Smiths Falls House for sale (Smiths Falls) : MLS®# X12281108
105 Rabb Street Lanark K7A 0L6
$829,900Residential Freehold- Status:
- Active
- MLS® Num:
- X12281108
- Bedrooms:
- 4
- Bathrooms:
- 3
EXCITING NEWS!!!! THE BUILDER IS INCLUDING A $10,000 APPLIANCE CREDIT!!! Welcome to Maple Ridge the newest development by Campbell Homes. Pictured here is a Roclyn Model with 4 bedrooms and 3 full bathrooms. With 1593 sq ft on the main floor this Energy Star Efficient Home with ICF construction to the rafters provides a seemless blend of convenience and functionality. Enter through the impressive 8 foot front door with a triple locking mechanism to your spacious foyer with ceramic tile floors. The open concept design with a large dining and living area features 9 foot ceilings, a beautiful professionally designed kitchen with Lauryzen cabinetry with quartz countertops, showcased throughout the home. Enjoy the beautiful protected forest views as you curl up by the natural gas fireplace in the winter or enjoy from your upgraded covered balcony off your living room through the 8 foot sliding patio doors. Upgraded to have luxury vinyl plank flooring, 8 foot interior doors to all main floor rooms and closets. a professionally designed kitchen with a large peninsula, pantry, and main floor laundry and mud room with interior garage access. There are four generous sized bedrooms, the primary has an ensuite and walk-in closet.The basement will impress you with the well throughout design, light and views. The family room is ready for entertaining with the addition of a wet bar/snack station, the media room could be great for a projector setup or pool table, the possibilities are endless. Your guests may not want to leave if you let them stay in one of the 2 additional bedrooms with lots of light, plush carpet and walk-in closets, and a third full bathroom between them. The exterior of this home does not disappoint with it's beautiful brick, colour palette, upgraded dormer and covered balcony. Photos have been digitally enhanced. Astonishing Energy Star Efficiency Test Rating of 0.78!!!!!! Call and book your showing today or stop by the Sales Centre on Rabb St. More detailsListed by RE/MAX AFFILIATES REALTY LTD.- CHRIS MAHON
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Data was last updated July 30, 2025 at 06:15 AM (UTC)
Office Address:
623 Fortune Crescent Unit 110
Kingston, ON, K7P 0L5