Listed for:Listed Jul 1, 2026
$399,000

110/112 Lorne Street

Smiths Falls, ON K7A 3L1

Other For Sale
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Sale & Price History for 110/112 Lorne Street, Smiths Falls, Smiths Falls

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 110/112 Lorne Street, Smiths Falls, Smiths Falls

Summarized Description

  • Approximately 4 acres of land available.
  • Includes two homes for rental or personal use.
  • Zoned for commercial and industrial opportunities.
  • Significant repairs needed for both homes.
  • Ideal for investors or developers.
  • Detached garage and storage shed included.
  • Natural gas and septic systems available.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,470
Land Transfer Tax Fee
$4,460

Rental Items

Rental Equipment
None

Basement Type
Crawl Space

Interior Features

Interior Extras
Water Heater Owned
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Pool
None
Other Structures
Shed

Building

Building Type
Other
Building Style
Other

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Block, Stone

Lot

Lot Front
208.56 ft

Inclusions

Inclusions
All Contents

Exclusions

Exclusions
None

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
8
Total Garage And Parking Spaces
9

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
None
Water
Well
Sewers
Septic

Municipality
Smiths Falls
Neighbourhood
Smiths Falls
Main cross streets
Lorne & Hershey Dr
Zoning
MG-2
Directions
From Smiths Falls follow Elmsley St (turns into Queen St). Left Lorne St to #110-112

MLS® number
X13513828
Data source
Toronto Regional Real Estate Board
Listed on
2026-07-01
Updated on
2026-10-01
Days on market
112 days
Possession date
2026-06-30
Possession type
Immediate
Co-op commission
2% + HST
Seller
Listed by
ROYAL LEPAGE ADVANTAGE REAL ESTATE LTD

Home Market Value

Current home valuation for 110/112 Lorne Street, Smiths Falls, Smiths Falls, Smiths Falls, ON. Listed for $399,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 110/112 Lorne Street, Smiths Falls, Smiths Falls

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Smiths Falls, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$19,950

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$15,162$11,132$9,496$0
=Total mortgage
$394,212$370,232$348,646$319,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$1,925monthly$1,808monthly$1,702monthly$1,558monthly
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Land Transfer Tax

Provincial

$4,460

Total Land Transfer Tax

$4,460

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