Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

3826 Lanark County Road 43 Road, Drummond/North Elmsley, ON K7A 4S4

Industrial
$865,000

Operate your business here while the existing storage operation offers supplemental income potential. Located approximately 4 minutes west of downtown Smiths Falls on County Road 43, this 7-acre owner-user opportunity includes the real estate and The Village Workshops & Storage business. The property features approximately 1 acre of fenced and gated outdoor storage/parking, a 4,200 sq. ft. two-level Quonset-style warehouse and a 160 sq. ft. heated and air-conditioned studio/workshop. The warehouse offers a 29-ft centre peak, 10-ft x 10-ft grade-level overhead door and new 200-amp underground electrical service. Included business systems comprise the website/domain, online reservations and leasing, automated recurring-payment collection, customer-management tools, and keypad/automatic-gate access software and equipment. Additional improvements include perimeter fencing, HD surveillance, LED lighting, signage, Starlink equipment and controlled access. Well suited to contractors, trades, service businesses, fleet/equipment operators, warehousing, distribution, RV/boat/vehicle storage, or a buyer seeking commercial space with supplemental income. Remaining land may support future business expansion. Price plus applicable HST. Storage and workshop business included in asking price. Warehouse height: 29 feet at the centre peak. Site: 7.0 acres. 1-acre outdoor storage/parking, 4,200 sq ft Quonset-style warehouse; 160 sq ft climate-controlled studio/workshop, ready for occupancy. Comes with keypad activated automatic gate and online self-serve registration/leasing. CH - Highway Commercial zoning. Six-town funnel: Smiths Falls (4 minutes), Perth (15), Merrickville (20), Carleton Place (25),Kemptville (35); Brockville (47). Population base: ~59,000 residents. Ideal for owner-operators Fully secured site with fencing, keypad gate (multi-code access), video surveillance IOS (industrial outdoor storage) yards, warehousing, workshops, RVs, boats, equipment, trucks, buses parking.

MLS number
X13478324
Type
Industrial
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
K7A 4S4
Photos
31
Property tax
$1,068 / year
82days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$173,000 · minimum here is $61,500
$3,830.03per month
Borrowed before insurance$692,000
Total borrowed$692,000
Interest over 25 years at 4.5%$457,010

If you rented it out

-$3,919.03per month out of pocket
Rent$0.00
Everything it costs to hold$3,919.03
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by ROYAL LEPAGE PERFORMANCE REALTY. Listing data provided by the Toronto Regional Real Estate Board.