12 LANARK STREET$199,000

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 $179,000 allowing a duplex. 10 Bolton St is 728m2 allowing a triplex for $249,000. 12 Lanark St is 483.1m2 for $199,000 allowing a duplex. The total size of all three lots combined is 18,438 square feet. The sale for separate lots will be subject to unmerging the titles as the lot titles have merged but retain separate tax roll numbers and can be restored to individual titles through application to the town. 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 after unmerging titles. (id:46641)