7 William St E is a land in Smiths Falls, listed for $249,900.
1SHOVEL-Ready mixed-use development opportunity in downtown smiths falls!
2Skip 12 months of municipal red tape, carrying costs, and architectural fees. 7 William St.
3E. 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.
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Lots & Land in Smiths Falls
About 7 William Street East
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!
Smiths Falls land priced at $249,900 — book a tour to see if it fits your search.
Inside 7 William St E
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Land
7 William St E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14090952$249,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 7 William St E Compares to the Smiths Falls Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 7 William St E
Homes for sale in Smiths Falls
Every active Smiths Falls MLS® listing, updated all day.
Average days on market54Homes sold in about 54 days on average.
Sale-to-list ratio96.5%On average, homes sold below asking.
Active listings89Homes for sale here right now.
Median vs prior 90 days−9.9%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 60 sales from Jul 24 – Oct 22, 2026 (49 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 7 William St E
How much is 7 William St E listed for?
7 William St E is listed at $249,900 (MLS® X14090952). Summitly updates the price as soon as the MLS® record changes.
Has the price of 7 William St E changed?
No — 7 William St E is still listed at its original asking price of $249,900.
How many bedrooms and bathrooms does 7 William St E have?
The listing for 7 William St E doesn't publish its bedroom and bathroom count. It is a lot in Smiths Falls.
How does 7 William St E compare with other homes in Smiths Falls?
Its asking price of $249,900 is about 32% below the median sold price in Smiths Falls over the last 90 days, $364,950, across 60 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 7 William St E been sold before?
Summitly has no earlier MLS® sale or lease of 7 William St E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 7 William St E?
7 William St E is in Smiths Falls, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 7 William St E been on the market?
5 days — 7 William St E was listed on October 17, 2026.
What is the land transfer tax on 7 William St E?
About $2,224 in Ontario land transfer tax at the asking price of $249,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 7 William St E or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 7 William St E?
The listing for 7 William St E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Smiths Falls.
When was 7 William St E built?
The listing for 7 William St E doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
