18 Market Street N, Smiths Falls, ON K7A 2E3
Smiths Falls, ON K7A 2E3
About this property
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.
Property facts & features
- Days on market
- Not reported
- Property type
- Commercial Retail
- MLS® number
- X13521820
- Source status
- Price Change
- Bedrooms
- Not provided
- Bathrooms
- Not provided
- Neighbourhood
- Not provided
- Postal code
- K7A 2E3
- Kitchens
- Not reported
- Family room / den
- Not reported
- Interior size
- Not reported
- Building area (total)
- 2,200 sq ft
- Lot size
- Not reported
- Lot depth
- 60 ft
- Garage parking spaces
- Not reported
- Total parking spaces
- Not reported
- Occupancy
- Tenant
- Possession type
- Immediate
- Garage
- None
- Annual property tax
- 7310
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
- MLS entry age (not confirmed DOM)
- 121 days
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Utilities & included services
- Reported utility services
- Yes
- Water source
- Not reported
- Sewer
- Not reported
- Heating system
- Gas Forced Air Open
- Heating fuel
- Not reported
- Cooling
- No
- Included in rent
- Not reported
- Included in maintenance
- Not reported
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Property summary
18 Market Street N, Smiths Falls, ON K7A 2E3, Smiths Falls is listed as for sale — Commercial Retail. Asking price: $449,000. Reported occupancy: Tenant. MLS® X13521820.
Summary of source-reported facts. Verify measurements and listing terms with the brokerage.
Rooms & virtual tours
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Listing dates & price record
- Asking amount
- $449,000
Original MLS entry
Entry into the source MLS system; distinct from days on market.
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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
Explore affordability & closing-cost tools →Location & neighbourhood
- Region / county
- Lanark
- Municipality
- SMITHS FALLS
- MLS® community
- 901 - Smiths Falls
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Explore active properties in Smiths Falls →Listing brokerage: CENTURY 21 SYNERGY REALTY INC. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13521820. Information deemed reliable but not guaranteed.