5 PLEX BUILDING FOR SALE (NOT THE BUSINESS) 1-commercial unit and 4-apartment units. Excellent Mixed-Use (fully rented) Investment Opportunity in the Heart of Smiths Falls. Welcome to a solid, income-generating mixed-use commercial building ideally located in the heart of Smiths Falls. This well-positioned property offers a diverse tenant mix with one commercial unit and four residential apartments, making it an excellent opportunity for investors seeking stable cash flow and future upside.The ground-floor commercial unit is approximately 1,000 sq. ft. and is currently rented at $785/month, offering strong street presence and visibility. The residential component includes four units: a ground-floor bachelor apartment renting for $540/month, a one-bedroom unit on the second floor renting for $895/month, and two spacious two-bedroom units on the second floor, each renting for $895/month. All rents are currently inclusive, providing ease of management. However, the building is equipped with five separate hydro meters, allowing a future owner the opportunity to transition utilities to tenant responsibility for improved operating efficiency and increased net income. The property features a combination of gas forced-air heating and electric baseboard heating, offering flexibility and redundancy. With its central location close to shops, services, and amenities, this property is well-positioned for long-term tenant demand. Whether you're looking to expand your investment portfolio or secure a mixed-use asset in a growing community, this Smiths Falls property offers strong income, flexibility, and upside potential.
| MLS # | X13521820 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 62 |
| Listing Provided By | CENTURY 21 SYNERGY REALTY INC | X13521820 485600 |
| SQ Feet | 2,200 |
|---|---|
| Acreage | 0.05 |
| Cooling | No |
|---|
| Security Features | No |
|---|
| Utilities | Yes |
|---|
| Tax Annual Amount | 7310 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2026 |
| Province | ON |
|---|---|
| Region | Lanark |
| City | Smiths Falls |
| Postal Code | K7A 2E3 |
| Area | 901 Smiths Falls |
| Listing VS Median (in K7A 2E3) | |
Price: $449,000 low | high Med: $449,000 sqft: 2,200 low | high Med: 2,200 $ / sqft: $204 low | high Med: $204 On site: 62 low | high Med: 62 | |
| Province | ON |
|---|---|
| Region | Lanark |
| City | Smiths Falls |
| Postal Code | K7A 2E3 |
| Area | 901 Smiths Falls |
| Listing VS Median (in K7A 2E3) | |
Price: $449,000 low | high Med: $449,000 sqft: 2,200 low | high Med: 2,200 $ / sqft: $204 low | high Med: $204 On site: 62 low | high Med: 62 | |