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Position your business or investment portfolio in one of Smiths Falls' most visible & opportunity-rich waterfront corridors. Located directly across from the Smiths Falls Basin of the historic Rideau Canal, a UNESCO World Heritage Site, this prominent red brick Victorian offers exceptional potential in the highly flexible Lombard Street Commercial (LC) Zone, permitting a broad range of uses including retail, professional offices, hospitality, restaurants, & service-based businesses. Currently operating under grandfathered legal non-conforming residential status, the property presents a rare opportunity for investors, entrepreneurs, or mixed-use visionaries seeking a landmark location with future commercial upside. The property combines heritage curb appeal with highly functional infrastructure rarely found in buildings of this era. A standout feature is the oversized heated double attached garage with workshop capability, extensive storage, & direct access to the private fenced yard. Above the garage, a spacious bonus area with gas fireplace & canal views offers excellent flexibility for office space, studio use, meeting area, staff lounge, or client-facing space. With 2,158 SF across multiple levels, including 4 large rooms/offices, 2 full baths, 2nd floor laundry, & an unfinished third-floor attic. Parking for up to 7 vehicles, gated access for additional boat/RV/trailer parking, a new rear deck, privacy screening, & storage shed. A public boat launch is minutes away, adding further appeal for tourism-related or waterfront-oriented commercial ventures. Walking distance to downtown, waterfront parks, beaches, festivals, restaurants, & year-round community attractions, this high-exposure location benefits from both local traffic & tourism generated by the Rideau Canal corridor. A rare opportunity to acquire a character-rich landmark property with flexible zoning, strong visibility, ample parking, & exceptional long-term redevelopment or commercial conversion.
CENTURY 21 SYNERGY REALTY INC.
MLS®# X13097640 · Last modified 2026-05-07
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Stephan Gauthier is a Broker with Real Broker Ontario Ltd., Brokerage. Each office independently owned and operated.
Estimated monthly payment
$2,824
Down payment: $114,980 · Loan: $459,920
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.