Attention Investors and Small Business Owners! Don't miss this exceptional opportunity to own a fully renovated mixed-use triplex in the heart of Smiths Falls, just steps from the Rideau Canal and downtown core.This versatile property features a main-floor commercial unit with high street visibility, and was leased to a well-established medical/spa tenant. It's ideal for those looking to operate their own business or benefit from stable commercial rental income. Above the commercial space are two newly renovated residential units, each featuring modern finishes and brand-new appliances perfect for attracting quality, long-term tenants. Offering a strong cap rate of over 8%, this turn-key investment delivers immediate income and long-term growth potential in a thriving, up-and-coming community. A rare opportunity to own a prime, income-generating property in Smiths Falls. All units VACANT set your own rents or move right in! |
Price | $639,999 |
Taxes: | $5324.00 |
Occupancy: | Vacant |
Address: | 28-34 Market Stre , Smiths Falls, K7A 2E6, Lanark |
Directions/Cross Streets: | Market and Russell Street |
Rooms: | 18 |
Bedrooms: | 4 |
Bedrooms +: | 0 |
Family Room: | F |
Basement: | Unfinished |
Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
Room 1 | Ground | Foyer | 14.92 | 14.83 | |
Room 2 | Ground | Common Ro | 15.15 | 6.99 | |
Room 3 | Ground | Office | 11.74 | 10.99 | |
Room 4 | Ground | Office | 9.68 | 7.25 | |
Room 5 | Ground | Office | 14.99 | 8.07 | |
Room 6 | Ground | Common Ro | 21.65 | 4.82 | |
Room 7 | Ground | Powder Ro | 7.08 | 5.9 | |
Room 8 | Ground | Powder Ro | 7.84 | 5.9 | |
Room 9 | Second | Bedroom | 10.76 | 10.59 | |
Room 10 | Second | Bedroom 2 | 11.84 | 7.08 | |
Room 11 | Second | Kitchen | 11.15 | 6.59 | |
Room 12 | Second | Living Ro | 12 | 11.91 | |
Room 13 | Second | Powder Ro | 5.84 | 3.84 | 3 Pc Bath |
Room 14 | Second | Bedroom | 11.41 | 6.66 | |
Room 15 | Second | Bedroom 2 | 11.41 | 8.5 |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 2 | Ground |
Washroom Type 2 | 3 | Second |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Total Area: | 0.00 |
Property Type: | Triplex |
Style: | 2-Storey |
Exterior: | Brick, Metal/Steel Sidi |
Garage Type: | None |
Drive Parking Spaces: | 0 |
Pool: | None |
Approximatly Square Footage: | 1500-2000 |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | Y |
Heat Type: | Forced Air |
Central Air Conditioning: | Other |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE INTEGRITY REALTY |
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Type: | Freehold - Triplex |
Area: | Lanark |
Municipality: | Smiths Falls |
Neighbourhood: | 901 - Smiths Falls |
Style: | 2-Storey |
Tax: | $5,324 |
Beds: | 4 |
Baths: | 4 |
Fireplace: | Y |
Pool: | None |