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Tony Tompson

Sales Representative
Century 21 Example Inc., Brokerage Independently owned and operated. 7163 Yonge Street, Suite #206, Thornhill, Ontario L3T 0C6 Cell: 1-866-382-2968Office: 416-548-7854Fax: 416-981-7184

$499,999
Available - For Sale
Listing ID: X13816998
34 Market Street , Smiths Falls, K7A 2E6, Lanark


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.
Price $499,999
Taxes: $6133.41
Occupancy: Tenant
Address: 34 Market Street , Smiths Falls, K7A 2E6, Lanark
Directions/Cross Streets: Russell Street East
Rooms: 18
Bedrooms: 4
Bedrooms +: 0
Family Room: F
Basement: Crawl Space
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Ground 14.92 14.83
Room 2 Ground Common Ro 15.15 6.99
Room 3 Ground Office 11.74 10.99
Room 4 Ground Office 9.68 7.25
Room 5 Ground Office 14.99 8.07
Room 6 Ground Common Ro 21.65 4.82
Room 7 Ground Powder Ro 7.08 5.9
Room 8 Ground Powder Ro 7.84 5.9
Room 9 Second Bedroom 10.76 10.59
Room 10 Second 11.84 7.08
Room 11 Second Kitchen 11.15 6.59
Room 12 Second Living Ro 12 11.91
Room 13 Second Powder Ro 5.84 3.84
Room 14 Second Bedroom 11.41 6.66
Room 15 Second Bedroom 2 11.41 8.5
Washroom Type No. of Pieces Level
Washroom Type 1 3 Second
Washroom Type 2 2 Lower
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 3 Second
Washroom Type 7 2 Lower
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Total Area: 0.00
Property Type: Triplex
Style: 2-Storey
Exterior: Brick, Metal/Steel Sidi
Garage Type: None
Drive Parking Spaces: 0
Pool: None
Approximatly Square Footage: 1500-2000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: Y
Heat Type: Baseboard
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
Utilities-Cable: A
Utilities-Hydro: A
$
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE INTEGRITY REALTY
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1-866-382-2968
Bus:
416-548-7854
Fax:
416-981-7184
 
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At a Glance:
Type: Freehold - Triplex
Area: Lanark
Municipality: Smiths Falls
Neighbourhood: 901 - Smiths Falls
Style: 2-Storey
Lot Size: x 30.00(Feet)
Approximate Age:
Tax: $6,133.41
Maintenance Fee: $0
Beds: 4
Baths: 4
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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