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$ 499,999
Est. payment | /mo
4 Beds
4 Baths
$ 499,999
Est. payment | /mo
4 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 901 - Smiths Falls
MLS Listing ID X13816998
Style 2-Storey
Bedrooms 4
Annual Tax Amount $6,133
Tax Year 2025
Property Sub-Type Triplex
Property 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.
Location
Province ON
County Lanark
Area Lanark
Rooms
Family Room No
Basement Crawl Space
Kitchen 2
Interior
Interior Features Built-In Oven, Carpet Free
Cooling Central Air
Fireplace Yes
Heat Source Electric
Exterior
Pool None
Roof Type Asphalt Rolled
Lot Frontage 47.0
Lot Depth 30.0
Building
Foundation Poured Concrete
Others
ParcelsYN Yes
Virtual Tour https://www.youtube.com/shorts/URfzvzm68TQ
Listed by ROYAL LEPAGE INTEGRITY REALTY
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