Smiths Falls, Ontario

Offered at $599,999, this turn-key mixed-use triplex enjoys a prime downtown location in the vibrant heart of Smiths Falls (Walk Score 90), just one property from the corner and perfectly positioned for strong returns once fully leased. The property features a high-visibility 1,350 sq ft ground-floor retail space with contemporary finishes, large street-front display windows and excellent signage opportunities, projected to lease at $15 psf net ($1,675/month) on a true triple-net basis plus $8,614 in annual recoverable operating costs returned to the landlord, with hydro, gas and water separately metered or submetered to the tenant. The second floor offers two bright and spacious 2-bedroom, 1-bath apartments, each with its own private street-level entrance, brand-new flooring, contemporary LED lighting, fresh neutral paint, updated 3-piece bathrooms and brand-new in-suite washer and dryer; one unit includes brand-new kitchen appliances (oven, dishwasher and refrigerator), while the second offers clean, like-new appliances in excellent condition. Currently, the retail space and one residential unit are vacant and ready for tenancy, with the vacant apartment expected to command $1,830/month plus hydro and submetered water. There is no parking on site, but abundant free street parking is available directly out front. Pro-forma gross revenue (after a conservative 5% vacancy allowance) is projected at $65,952 annually, generating a Year-1 net operating income of $49,252 once stabilized and delivering a solid entry cap rate of 8.21% at the $599,999 list price. Located mere steps from cafés, restaurants, shops, the Rideau Canal and all downtown amenities, this low-maintenance, high-demand asset offers meaningful upside and long-term appreciation in one of Eastern Ontario's most charming and rapidly revitalizing towns. (id:65396)

Smiths Falls, Ontario

This rare, semi-detached duplex offers the perfect blend of privacy, versatility, and investment opportunity, featuring two completely self-contained 3-bedroom homes - ideal for multi-generational living, owner-occupiers seeking rental income, or investors looking to maximize returns. Each unit is thoughtfully designed to feel like a stand-alone residence, offering generous living spaces, functional layouts, and excellent separation for enhanced privacy with separate, private driveways, garages and backyards. With six bedrooms total and an R3 zoning, this property opens the door to strong rental potential while still maintaining the comfort and appeal of a single-family home. Whether you live in one side and rent the other, accommodate extended family, or fully lease both units, the possibilities here are endless. McGill street is conveniently located blocks from all the downtown amenities, the arena, library and schools. 49 McGill is presently tenanted at $2000 per month. Book your showing today! (id:65396)

Smiths Falls, Ontario

-ONE FREE MONTH- This prime light industrial building offers approximately 3,150 square feet of versatile, vacant space that can be tailored to suit a wide variety of business needs. With its flexible layout, the property is ideal for light industrial use but can also be adapted for commercial purposes, giving you the freedom to shape the space around your unique vision. Durable epoxy floors run throughout the offices and showroom, providing both long-lasting quality and a professional, polished appearance. Three large garage doors ensure seamless ground-level access, making loading, unloading, and day-to-day operations efficient and convenient. The generous open floor plan provides ample room for equipment, inventory, or custom workspaces, while four private offices offer functional areas for administration, client meetings, or secure storage. Modern amenities include a well-appointed washroom for staff and visitors, along with a private ensuite washroom in one of the larger offices. Outside, dedicated on-site parking ensures easy accessibility for both employees and clients.Strategically located at the gateway to Smiths Falls, this property offers excellent visibility on a busy street and outstanding connectivity with quick access to Highway 15 and Highway 7. Whether you are expanding your operations, launching a new venture, or optimizing your current setup, this building delivers the flexibility, practicality, and exposure your business needs to thrive. Please note that the property taxes listed apply to the entire building and are proportionately shared among the tenants. (id:65396)

Smiths Falls, Ontario

Welcome to 514 Jason Street. Here is a wonderful opportunity to get into the market! This spacious and inviting 2- bedroom mobile home is ideally located on the edge of Smiths Falls , just minutes to all the town amenities. Step inside to find a bright kitchen with plenty of cabinets and counter space, spacious living room with large bay window and 2 good sized bedrooms, including the very large primary with patio doors leading to deck.The lovely 4 pc. bath and convenient utility room with washer and dryer add to the home functionality. Enjoy the deck and nice private backyard- perfect for relaxing entertaining family and friends. Recent updates provide peace of mind, including new roof membrane and levelling of mobile 2020 approx., 6 windows have been replaced, central air and electric furnace replaced -2018 approx., added insulation underneath trailer approx. 2020. Fridge, freezer, washer and dryer are included, making this home move-in ready. While the exterior of the home could use some updating its full of potential, it offers solid bones and great value.Perfect for first time home buyers, downsizes, or anyone looking for an affordable place to call their own. Book your showing today!! (id:65396)