$ 1,200,000
-
$1,200,000
Price -
0
Bed -
6
Bath -
0
SqFt
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About the Listing 504301 -
This fully tenanted 6-unit apartment building sits on a generously sized lot, backing directly onto the UNESCO World Heritage Site, the Rideau Canal-offering access to scenic walking trails and outdoor recreation. Located in a quiet, residential neighbourhood known for its charm and upscale character, the property is just two blocks from the main business district and all amenities in the revitalized downtown core. The building offers beautiful canal views, specifically from the second-floor balcony, and attracts quality tenants due to its desirable surroundings. All tenants pay their own heat and hydro, with gas heating in place. Ample parking is available, with space for approximately two vehicles per unit. Current rental income is as follows: Unit 1: $871, Unit 2: $847, Unit 3: $1,896, Unit 4: $1,090, Unit 5: $1,800, Unit 6: $1,800. With strong existing cash flow and significant upside potential to increase rents, this property presents an excellent opportunity for investors seeking long-term growth and reliable returns. Two 3-bed units & four 2 bed units, cash cow. Please, contact Brad Closs for more information or to arrange a viewing.
Listing Highlights
Status
Active
Days on Site
1
Property Type
Commercial Sale
MLS ®
X13000028
Year Built
Total Square Footage
0
Lot/Acreage
N/A
Interior Details
- Bedrooms: 0
- Bathrooms: 6 Full
- Appliances:
- Air Cond: No
- Heating: Gas Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof:
- Others:
- Sewer:
- Parking Features: No Garage
Financial Details
- Tax Amount: $8,904
- Taxes w/Assessments: N/A
- Tax/Property ID: 052760047
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
66 Queen St Smiths Falls, ON K7A 3N2
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