• 416-845-9558
  • estateofchoice@gmail.com
Sandeep Mehra
Realtor
Pontis Realty Inc., Brokerage
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Sandeep Mehra
Realtor
  • Home
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34 Market Street, Smiths ...

Lanark, K7A 2E6
  • 1500-2000 Sq-Ft
  • 4 Bedrooms
  • - Garage
  • 4 Bathroom
Start From
$ 499,999

Descripation

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.

Essential Information

  • Price: $499999
  • For: Residential Freehold
  • Property Types: Triplex
  • Area: 1500-2000 SQFT
  • Country:
  • City: Smiths Falls
  • Garages:
  • Bedrooms: 4
  • Bathrooms: 4

Amenities

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Pontis Realty Inc., Brokerage
  • 7275 Rapistan Court, Mississauga, Ontario L5N 5Z4
  • 416-845-9558
  • estateofchoice@gmail.com

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