| 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. |
| Price | $499,999 |
| Taxes: | $6133.41 |
| Occupancy: | Tenant |
| Address: | 34 Market Street , Smiths Falls, K7A 2E6, Lanark |
| Directions/Cross Streets: | Russell Street East |
| Rooms: | 18 |
| Bedrooms: | 4 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Crawl Space |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Ground | 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 | 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 | |
| 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 | 3 | Second |
| Washroom Type 2 | 2 | Lower |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 3 | Second |
| Washroom Type 7 | 2 | Lower |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 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: | Baseboard |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
| Utilities-Cable: | A |
| Utilities-Hydro: | A |
| 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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| Virtual Tour | Book Showing | Email a Friend |
| Type: | Freehold - Triplex |
| Area: | Lanark |
| Municipality: | Smiths Falls |
| Neighbourhood: | 901 - Smiths Falls |
| Style: | 2-Storey |
| Tax: | $6,133.41 |
| Beds: | 4 |
| Baths: | 4 |
| Fireplace: | Y |
| Pool: | None |