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. (id:42482)
| MLS® Number | X13816998 |
| Property Type | Multi-family |
| Community Name | 901 - Smiths Falls |
| EquipmentType | Water Heater |
| Features | Carpet Free |
| RentalEquipmentType | Water Heater |
| BathroomTotal | 4 |
| BedroomsAboveGround | 4 |
| BedroomsTotal | 4 |
| Appliances | Oven - Built-in |
| BasementType | Crawl Space |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick, Steel |
| FireplacePresent | Yes |
| FoundationType | Poured Concrete |
| HalfBathTotal | 2 |
| HeatingFuel | Electric, Natural Gas |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 2 |
| SizeInterior | 1,500 - 2,000 Sqft |
| Type | Triplex |
| UtilityWater | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 30 Ft |
| SizeFrontage | 47 Ft |
| SizeIrregular | 47 X 30 Ft |
| SizeTotalText | 47 X 30 Ft |
| ZoningDescription | C1 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 3.4 m | 2.01 m | 3.4 m x 2.01 m |
| Second Level | Living Room | 3.66 m | 3.63 m | 3.66 m x 3.63 m |
| Second Level | Partial Bathroom | 1.78 m | 1.17 m | 1.78 m x 1.17 m |
| Second Level | Bedroom | 3.48 m | 2.03 m | 3.48 m x 2.03 m |
| Second Level | Bedroom 2 | 3.48 m | 2.59 m | 3.48 m x 2.59 m |
| Second Level | Kitchen | 3.61 m | 3.07 m | 3.61 m x 3.07 m |
| Second Level | Living Room | 3.81 m | 2.69 m | 3.81 m x 2.69 m |
| Second Level | Bathroom | 1.3 m | 1.52 m | 1.3 m x 1.52 m |
| Second Level | Bedroom | 3.28 m | 3.23 m | 3.28 m x 3.23 m |
| Ground Level | Office | 3.58 m | 3.35 m | 3.58 m x 3.35 m |
| Ground Level | Office | 2.95 m | 2.21 m | 2.95 m x 2.21 m |
| Ground Level | Office | 4.57 m | 2.46 m | 4.57 m x 2.46 m |
| Ground Level | Partial Bathroom | 2.16 m | 1.8 m | 2.16 m x 1.8 m |
| Ground Level | Partial Bathroom | 2.39 m | 1.8 m | 2.39 m x 1.8 m |
| Cable | Available |
| Electricity | Available |
| Sewer | Available |
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