34 Market Street, Smiths Falls, ON

$499,999

Previous Next

4

Beds

4

Baths

1,500

Square feet

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

OfficeROYAL LEPAGE INTEGRITY REALTY

Listing Map