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:2493)
Data was last updated September 23, 2026 at 09:45 AM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$499,900
Min list price:
$334,900
Max list price:
$1,150,000
Avg days on market:
34
Min days on market:
0
Max days on market:
161
Avg price per sq.ft.:
$250.86
These statistics are generated based on the current listing's property type
and located in
901 - Smiths Falls. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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