Turn-Key Income TRIPLEX in the Heart of Smiths Falls - Attention investors: this fully renovated mixed-use triplex sits just steps from the Rideau Canal and downtown core, and it's built to perform - and a cap rate over 9.75%. With two vacant units, you set the rents - or occupy one yourself and let the building carry the mortgage. The main floor commercial unit offers high street visibility and was most recently leased to an established medical/spa tenant, proof this address draws quality commercial traffic. Run your own business here, or hold it as stable, professional-grade rental income. Above, two newly renovated residential units are finished with modern fixtures and brand-new appliances. One unit features in-suite laundry - a rare amenity in this price point that commands premium rent and keeps good tenants renewing year after year.This is a rare chance to own a prime, income-generating asset in one of the region's fastest-growing communities - immediate cash flow, low-maintenance renovated units, and long-term upside all in one address. (id:48755)
| MLS® Number | X13816998 |
| Property Type | Multi-family |
| Community Name | 901 - Smiths Falls |
| Equipment Type | Water Heater |
| Features | Carpet Free |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 4 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Appliances | Oven - Built-in |
| Basement Type | Crawl Space |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Steel |
| Fireplace Present | Yes |
| Foundation Type | Poured Concrete |
| Half Bath Total | 2 |
| Heating Fuel | Electric, Natural Gas |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 1500 - 2000 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 30 Ft |
| Size Frontage | 47 Ft |
| Size Irregular | 47 X 30 Ft |
| Size Total Text | 47 X 30 Ft |
| Zoning Description | C1 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 3.4 m | 2.01 m | 3.4 m x 2.01 m |
| Second Level | Living Room | 3.66 m | 3.63 m | 3.66 m x 3.63 m |
| Second Level | Partial Bathroom | 1.78 m | 1.17 m | 1.78 m x 1.17 m |
| Second Level | Bedroom | 3.48 m | 2.03 m | 3.48 m x 2.03 m |
| Second Level | Bedroom 2 | 3.48 m | 2.59 m | 3.48 m x 2.59 m |
| Second Level | Kitchen | 3.61 m | 3.07 m | 3.61 m x 3.07 m |
| Second Level | Living Room | 3.81 m | 2.69 m | 3.81 m x 2.69 m |
| Second Level | Bathroom | 1.3 m | 1.52 m | 1.3 m x 1.52 m |
| Second Level | Bedroom | 3.28 m | 3.23 m | 3.28 m x 3.23 m |
| Ground Level | Office | 3.58 m | 3.35 m | 3.58 m x 3.35 m |
| Ground Level | Office | 2.95 m | 2.21 m | 2.95 m x 2.21 m |
| Ground Level | Office | 4.57 m | 2.46 m | 4.57 m x 2.46 m |
| Ground Level | Partial Bathroom | 2.16 m | 1.8 m | 2.16 m x 1.8 m |
| Ground Level | Partial Bathroom | 2.39 m | 1.8 m | 2.39 m x 1.8 m |
| Cable | Available |
| Electricity | Available |
| Sewer | Available |
https://www.realtor.ca/real-estate/30315085/34-market-street-smiths-falls-901-smiths-falls
Contact us for more information
Monty Bhardwaj
Salesperson
(613) 829-1818
https://royallepageintegrity.ca/