34 Market Street,Smiths Falls, ON K7A 2E6
Smiths Falls, ON K7A 2E6
Description
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.
Details
| MLS # | X13816998 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 49 |
| Listing Provided By | ROYAL LEPAGE INTEGRITY REALTY | X13816998 493500 |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.03 |
Interior
| Interior Features | Built-In Oven, Carpet Free |
|---|---|
| Cooling | Central Air |
| Heat Source | Electric |
| Fireplace Yes / No | Yes |
Exterior
| Roof | Asphalt Rolled |
|---|---|
| Foundation Details | Poured Concrete |
| Construction Materials | Brick, Metal/Steel Siding |
Parking
| Garage Yes / No | No |
|---|
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 6133.41 |
|---|---|
| Tax Legal Description | PT LT 219 S/S RUSSELL ST PL 13884 LANARK S SOUTH ELMSLEY AS IN RS155032; T/W RS155032 TOWN OF SMITHS FALLS |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Lanark |
| City | Smiths Falls |
| Postal Code | K7A 2E6 |
| Area | 901 Smiths Falls |
| Listing VS Median (in K7A 2E6) | |
Price: $449,999 low | high Med: $0 On site: 49 low | high Med: | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Lanark |
| City | Smiths Falls |
| Postal Code | K7A 2E6 |
| Area | 901 Smiths Falls |
| Listing VS Median (in K7A 2E6) | |
Price: $449,999 low | high Med: $0 On site: 49 low | high Med: | |
