7 William Street E, Smiths Falls, ON K7A 1C1
901 - Smiths Falls, Smiths Falls · Near Beckwith & Willim · View map
About this home
SHOVEL-READY MIXED-USE DEVELOPMENT OPPORTUNITY IN DOWNTOWN SMITHS FALLS! Skip 12 months of municipal red tape, carrying costs, and architectural fees. 7 William St. E. is a prime C1-zoned commercial footprint (approx. 30' x 120' lot) being sold with FULLY APPROVED BUILDING PERMITS and Minor Variance (MV-25-01) approvals already in hand. The engineering and design work is complete for a lucrative 4-unit mixed-use build consisting of 3 premium residential rental units and 1 high-visibility main-street commercial retail space. Once completed, this asset boasts a powerful stabilized Pro-Forma Gross Rent Potential of $85,200/year (Projected Net Operating Income of $63,015/year based on modern market rental averages of $7,100/month gross). Tenants pay their own hydro via planned separate metering to maximize landlord margins .Bonus Developer Incentive: This project is highly eligible for the Smiths Falls Community Improvement Plan (CIP), offering potential building permit fee rebates and multi-year property tax increment grants! Break ground immediately and capitalize on the town's surging rental demand. All architectural drawings, approved site plans, and variance document packages are available upon request. Don't build from scratch-start with a project that is already across the finish line!
The home
- Type
- Land
- Square footage
- 3600 sq ft
- Lot size
- 30.1 x 120 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $1,699/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- Immediate
- Cross street
- Beckwith & Willim
- Neighbourhood
- 901 - Smiths Falls
More
- MLS® number
- X14090952
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
7 William Street, Smiths Falls, ON K7A 1C1
901 - Smiths Falls, Smiths Falls · Near Beckwith & Willim
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Listing history for 7 William Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 7 William Street E
Answers come straight from this home’s MLS® listing.
How much is 7 William Street E listed for, and what would it cost each month?
7 William Street E is listed for $249,900. With 20% down ($49,980), the mortgage payment would be roughly $1,008 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,150 a month, all in. That figure is an illustration, not a quote.
Is 7 William Street E freehold or a condo, and is there a monthly fee?
7 William Street E is a land in 901 - Smiths Falls, Smiths Falls. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 7 William Street E have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 7 William Street E?
7 William Street E is a land. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 7 William Street E, and what is the lot size?
The lot is listed as 30.1 x 120 ft.
What are the property taxes for 7 William Street E?
Property taxes are $1,699 a year (2026), or about $142 a month.
Where is 7 William Street E?
7 William Street E is in the 901 - Smiths Falls community of Smiths Falls. The nearest main intersection is Beckwith & Willim. The postal code is K7A 1C1.
Is 7 William Street E still for sale?
Yes. It is an active listing (MLS® X14090952). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 7 William Street E asking?
Similar properties for sale nearby right now include 27 Beckwith Street N at $275,000, UNIT "O" - 4 Pearl Street at $269,000 (3 bed) and 37 Smiths Falls Avenue at $289,900 (3 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 7 William Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 7 William Street E?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 901 - Smiths Falls, picked by style, size and price.
Sale of business$275,00027 Beckwith Street N, Smiths Falls901 - Smiths FallsCourtesy of: CENTURY 21 SYNERGY REALTY INC.View home →
Condo townhouse$269,000UNIT "O" - 4 Pearl Street, Smiths Falls3 bed · 1 bath · 901 - Smiths FallsCourtesy of: CENTURY 21 SYNERGY REALTY INC.View home →
Detached home$289,90037 Smiths Falls Avenue, Smiths Falls3 bed · 2 bath · 901 - Smiths FallsCourtesy of: CENTURY 21 SYNERGY REALTY INC.View home →Courtesy of: CENTURY 21 SYNERGY REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.