34 MARKET STREET
Smiths Falls, Ontario
MLS® X13816998
$499,999
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13816998
- Bedrooms
- 4
- Bathrooms
- 4
- Year built
- —
Listing 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.
Property summary
- MLS® number
- X13816998
- Property type
- Multi-family
- Building type
- Triplex
- Land size
- 47 x 30 FT
- Annual property taxes
- $6,133.41
- Parking
- No Garage
- Days on market
- 6 days
Features & details
- Heating
- Baseboard heaters, Electric, Natural gas
- Cooling
- Central air conditioning
- Basement
- Crawl space
- Appliances
- Oven - Built-In
- Exterior features
- Steel, Brick
- Lot features
- Carpet Free
What would this home cost you?
Based on the $499,999 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of ROYAL LEPAGE INTEGRITY REALTY, OTTAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.