ON > Smiths Falls > 901 - Smiths Falls
Smiths Falls, ON K7A 1Z4,Address not disclosed
See all 9 photos
Smiths Falls, ON K7A 1Z4,Address not disclosed
Smiths Falls, ON K7A 1Z4,Address not disclosed
Smiths Falls, ON K7A 1Z4,Address not disclosed
Smiths Falls, ON K7A 1Z4,Address not disclosed
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
5
Jun
Fri
6
Jun
Sat
7
Jun
Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 14,590,000
Est. payment /mo
Save
Active

Address not disclosed Smiths Falls, ON K7A 1Z4

26,199 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 26,199 sqft

Price per Sqft $556

Subdivision 901 - Smiths Falls

MLS Listing ID X12123560

Annual Tax Amount $15,453

Tax Year 2024

Property Sub-Type Investment

Lot Depth 211.77

Lot Front 165.45

Property Description

Remarkable Investment Opportunity in Ontario. We are pleased to present an exceptional commercial listing featuring a well-maintained 33-unit apartment building, complemented by an impressive 6,000 square feet of prime retail space. This unique property offers investors a rare chance to own a diversified income-generating asset in a thriving neighborhood.With a cap rate exceeding 5.25%, this property highlights upside in returns and robust cash flow. The apartment units 65%+ leased with strong demand, ensuring a stable residential income stream. The strategically located retail space enhances versatility and provides additional revenue potential, making it an attractive asset for both experienced investors and newcomers. Situated in an area with increasing demand for housing and retail services, this property stands out as a high-value investment. Key amenities, including public transportation, schools, and shopping centers, are within close proximity to attract qualified tenants. "Deadline for Offers, May 13 at 5:00pm"

Location

Province ON

County Lanark

Community 901 - Smiths Falls

Area Lanark

Interior

Cooling Partial

Exterior

Utilities Available Available

Lot Frontage 165.45

Lot Depth 211.77

Others

Security Features Yes

Listed by MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA INC.
agent

Jethro Seymour

Broker

+1(416) 712-0767

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of The Seymour Team, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

Address not disclosed

TORONTO NEIGHBOURHOODS
There are 30 quick searches