Smiths Falls K7A 2P5

Property

Ownership: For Sale
Type: Unknown
Bedrooms: 8 BR
Bathrooms: 4
Pets: Pets No

Financials

Price:C539,999
($387,617)
(€330,275)
Annual Taxes:C4,062
505 Park Ave, New York, NY 10022

Description

Excellent investment opportunity in the heart of Smiths Falls! This well-maintained brick 4-plex is situated on a corner lot just steps from downtown amenities and the scenic Rideau Canal, a UNESCO World Heritage Site. Offering four 2-bedroom units with tenants already in place, this property is a true turnkey cash-flow generator. Currently bringing in $35,377 annually, tenants pay their own hydro while the owner covers gas heating (forced air).The building features updates, including roof (2021), furnaces (2021) and recent front windows and back door replacement for Unit 72 and new front windows for the lower unit 70. Hot water tanks are owned, and each unit has its own hydro meter. Upper units enjoy private balconies, while the main level units feature decks and shared access to the spacious yard. Parking is plentiful with a laneway at the back of the building. Smiths Falls offers a charming, small-town atmosphere with attractions like Victoria Park, the Heritage House Museum, and the Railway Museum of Eastern Ontario. Residents enjoy local shops, restaurants, green spaces, and trails, all while being within easy reach of Ottawa and Kingston. A solid brick build, strong rental history, and a prime location make this property a reliable income producer for any investor. Opportunities like this don't last long, secure your piece of Smiths Falls today!

Excellent investment opportunity in the heart of Smiths Falls !


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.