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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$499,999
Available - For Sale
Listing ID: X13816998
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: $6,133.41
Occupancy by: Tenant
Address: 34 Market Street , Smiths Falls, K7A 2E6, Lanark
Directions/Cross Streets: Russell Street East
Rooms: 18
Bedrooms: 4
Bedrooms +: 0
Washrooms: 4
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 5.90
Room 8: Ground Powder Ro 7.84 5.90
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 12.00 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 8.50
No. of Pieces Level
Washroom 1:  3 Second
Washroom 2:  2 Lower
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  3 Second
Washroom 7:  2 Lower
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
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
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE INTEGRITY REALTY

34 Market Street , Smiths Falls, K7A 2E6, Lanark

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Triplex
Area: Lanark
Municipality: Smiths Falls
Neighbourhood: 901 - Smiths Falls
Style: 2-Storey
Lot Size: x 30.00(Feet)
Approximate Age:
Tax: $6,133.41
Maintenance Fee: $0
Beds: 4
Baths: 4
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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