12 Lanark Street, Smiths Falls

One of three adjacent infill residential development lots in Smiths Falls, Ontario for sale. Lots can be sold separately or as a package. Zoning is R2 allowing for duplex and triplex developments. 12 Bolton St is 470m2 for $159,000 allowing a duplex. 10 Boltons St is 728m2 allowing a triplex for $229,000. 12 Lanark St is 483.1m2 for $179,000 allowing a duplex. The total size of all three lots combined is 18,438 square feet. Municipal water, sewer, and hydro are available near the lot line. This site is a great location to build rental properties. The one lot on Lanark St has already been excavated and backfilled with loose stone temporarily until the site is developed. The property tax is approximate and must be assessed by MPAC. The sale for separate lots requires the titles to be restored to individual lots which is possible as they each have a separate tax roll number. (id:1945)