About 34 Market Street
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.
Features of 34 Market Street
| MLS® # | X13816998 |
|---|---|
| Price | $499,999 |
| Bedrooms | 4 |
| Bathrooms | 4.00 |
| Square Footage | 1500-2000 |
| Type | Residential Freehold |
| Sub-Type | Triplex |
| Style | 2-Storey |
| Status | Active |
Community Information
| Address | 34 Market Street |
|---|---|
| Area | Lanark |
| Subdivision | 901 - Smiths Falls |
| City | Smiths Falls |
| Province | ON |
| Postal Code | K7A 2E6 |
Amenities
| Garages | None |
|---|---|
| Is Waterfront | No |
| Pool | None |
Interior
| Heating | Baseboard |
|---|---|
| Cooling | Central Air |
| Fireplace | Yes |
| Basement | Crawl Space |
Exterior
| Exterior | Brick, Metal/Steel Siding |
|---|
Listing Details
| Office | ROYAL LEPAGE INTEGRITY REALTY |
|---|
