Ottawa & Eastern OntarioNicolas Sigounis, REALTOR® · EXIT Realty Matrix, Brokerage

34 Market Street Smiths Falls, Ontario K7A 2E6

4 Bedroom 4 Bathroom 1,500 - 2,000 sqft
Fireplace Central Air Conditioning Baseboard Heaters

$449,999

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:67947)

Property Details

MLS® Number X13816998
Property Type Multi-family
Community Name 901 - Smiths Falls
Equipment Type Water Heater
Features Carpet Free
Rental Equipment Type Water Heater

Building

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 1,500 - 2,000 Sqft
Type Triplex
Utility Water Municipal Water

Parking

No Garage

Land

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

Rooms

Level Type Dimensions
Second Level Kitchen 3.4 m x 2.01 m
Second Level Living Room 3.66 m x 3.63 m
Second Level Partial Bathroom 1.78 m x 1.17 m
Second Level Bedroom 3.48 m x 2.03 m
Second Level Bedroom 2 3.48 m x 2.59 m
Second Level Kitchen 3.61 m x 3.07 m
Second Level Living Room 3.81 m x 2.69 m
Second Level Bathroom 1.3 m x 1.52 m
Second Level Bedroom 3.28 m x 3.23 m
Ground Level Office 3.58 m x 3.35 m
Ground Level Office 2.95 m x 2.21 m
Ground Level Office 4.57 m x 2.46 m
Ground Level Partial Bathroom 2.16 m x 1.8 m
Ground Level Partial Bathroom 2.39 m x 1.8 m

Utilities

Cable Available
Electricity Available
Sewer Available

https://www.realtor.ca/real-estate/30315085/34-market-street-smiths-falls-901-smiths-falls

Nicolas Sigounis, REALTOR®

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Nicolas SigounisREALTOR® · EXIT Realty Matrix, Brokerage

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Listing courtesy of Monty Bhardwaj, Royal LePage Integrity Realty

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Want an introduction? Call or text Nicolas at 613-859-9331 or email Nicolas@SigounisProperties.ca. No referral fees: Nicolas is not paid for these introductions.

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Estimate only. This is not a rate offer or a mortgage approval. Payments use Canadian semi-annual compounding. Insurance premiums, taxes and rates can change, and legal fees, adjustments and other closing costs are not included. Confirm your numbers with your lender.