Salehian.com 647-325-5000

34 Market Street

901 - Smiths Falls, Smiths Falls, K7A 2E6

$449,999

Reduced $50,000 from $499,999

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  • 4 bedrooms
  • 4 bathrooms
  • 0 parking
  • 1500-2000 sq ft

Listed 27 days ago · MLS® X13816998

About this home

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.

Details

Type
Triplex
Style
2-Storey
Size
1500-2000 sq ft
Lot
47 × 30 ft
Basement
Crawl Space
Garage
None
Kitchens
2
Property tax
$6,133 (2025)
Neighbourhood
901 - Smiths Falls
Municipality
Smiths Falls

Interior

Bedrooms
4 above ground
Bathrooms
2 × 3-piece (second), 2 × 2-piece (lower)
Rooms
18 above ground
Family room or den
No
Fireplace
Yes
Features
Built-In Oven, Carpet Free

Heating, cooling and services

Heating
Baseboard, Electric
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Brick, Metal/Steel Siding
Roof
Asphalt Rolled
Foundation
Poured Concrete
Faces
South

Lot

Size
47 × 30 ft

More

Possession
Immediate
Cross street
Russell Street East

Rooms

RoomLevelSizeFeatures
Common RoomGround4.62 × 2.13 m (15'2" × 7')
OfficeGround3.58 × 3.35 m (11'9" × 11')
OfficeGround2.95 × 2.21 m (9'8" × 7'3")
OfficeGround4.57 × 2.46 m (15' × 8'1")
Common RoomGround6.6 × 1.47 m (21'8" × 4'10")
Powder RoomGround2.16 × 1.8 m (7'1" × 5'11")
Powder RoomGround2.39 × 1.8 m (7'10" × 5'11")
BedroomSecond3.28 × 3.23 m (10'9" × 10'7")
KitchenSecond3.4 × 2.01 m (11'2" × 6'7")
Living RoomSecond3.66 × 3.63 m (12' × 11'11")
Powder RoomSecond1.78 × 1.17 m (5'10" × 3'10")
BedroomSecond3.48 × 2.03 m (11'5" × 6'8")
Bedroom 2Second3.48 × 2.59 m (11'5" × 8'6")
KitchenSecond3.61 × 3.07 m (11'10" × 10'1")
Living RoomSecond3.81 × 2.69 m (12'6" × 8'10")
BathroomSecond1.3 × 1.52 m (4'3" × 5')

Listed by ROYAL LEPAGE INTEGRITY REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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