110/112 Lorne Street, Smiths Falls
Rare investment and development opportunity in the community of Smiths Falls! Situated on approximately 4 acres, this unique property features two separate homes, a detached garage, and a storage shed, offering a variety of possibilities for investors, developers, business owners, or multi-generational families. The first home is a bungalow offering 3 bedrooms and 1 bathroom, while the second is a 1-storey home featuring 2 bedrooms and 1 bathroom. Both homes are serviced by natural gas, have their own septic systems, and share a drilled well. The property includes a 25' x 25' detached garage and a storage shed. Whether you're looking to live in one home while generating rental income from the other, add to your investment portfolio, or explore future development opportunities, this property offers exceptional potential. Zoned M2-3, the property also permits a variety of limited commercial and industrial uses, creating additional opportunities for business or redevelopment. Both homes require significant repairs and updating and are being sold strictly in "as is, where is" condition with no representations or warranties by the Seller. (id:1945)
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Property details for 110/112 Lorne Street, Smiths Falls
- Type
- Other
- Lot Size
- 208.6 FT
- Basement
- Crawl space
- Parking
- Detached Garage, Garage
- Heating
- Forced air, Natural gas
- Cooling
- None
- Exterior
- Vinyl siding
- Annual Taxes
- $4,470 (2025)
Nearby Listings Stat
Estimated price and comparable properties near 110/112 Lorne Street
Active Listings
68
Min Price
$65,000
Max Price
$1,150,000
Avg Price
$451,569
Days on Market
74
days
Sold Listings
23
Min Sold Price
$185,000
Max Sold Price
$699,900
Avg Sold Price
$436,591
Days until Sold
88
days
Neighbourhood Census Data
Smiths Falls, Ontario
Population
778
Median Age
52.7
Median Income
$25,835
Dwelling Value
$184,512
Housing Tenure
Owners 44%
Renters 55%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.9
Pop. Density: 293.0/km²
Avg Shelter Cost: $1,076/mo
Owners with Mortgage: 58.8%
Owners Spending 30%+: 20%
Tenants Spending 30%+: 41.9%
English only: 92.3%
English and French: 7.1%
Neither: 0.6%
Median Household Income: $42,752
Median Employment Income: $23,008
Price History
Listed
July 2, 2026
by ROYAL LEPAGE ADVANTAGE REAL ESTATE LTD
Current Price
$399,000
-11.1% from last change
Type
Other
For Sale
Price Changes
1
| Date | Price | Change |
|---|---|---|
| Current | $399,000 | $50,000 (-11.1%) |
| Sep 27, 2026 | $449,000 | Listed |
