- 1,800 ft2
- None
- Forced Air
$425,000
Prime mixed-use income property in the heart of downtown Smiths Falls on the newly revitalized Beckwith Street! Featuring a fully leased 900 sq ft street-level commercial unit (bringing in $1,700 + HST per month, with rent increasing by $50 annually until 2029) and two residential suites, 1 above and 1 behind: A bright 1-bedroom apartment (currenttly rented for $1,625/month plus hydro) and a vacant bachelor with separate entrance. Recent upgrades include a new roof membrane with 3" insulation (2025, $30K), two new hot water tanks (2024), and natural gas forced-air heating. Ideal setup for investors or owner-occupiers seeking steady rental income. Projected gross income over $54,000 annually with a strong 9% cap rate and potential to increase. Municipal water & sewer, both street and read parking and amazing visibility on a beautiful upscale street. A rare opportunity to own a solid cash flowing property with strong value-add potential in the heart of downtown Smiths Falls. (id:50982)
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Details
| MLS® Number | X13085644 |
| Property Type | Retail |
| Community Name | 901 - Smiths Falls |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Exterior | 1800 Sqft |
| Size Interior | 1,800 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Depth | 74 Ft ,5 In |
| Size Frontage | 17 Ft ,7 In |
| Size Irregular | Bldg=17.65 X 74.46 Ft |
| Size Total Text | Bldg=17.65 X 74.46 Ft |
| Zoning Description | C1/commercial |
Map
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May 05 2026 06:26:17
Ottawa Real Estate Board
Real Broker Ontario Ltd.