Situated in a prime location in Smiths Falls, this unique mixed-use building offers a rare investment opportunity within walking distance of shopping, restaurants, parks, and other key amenities. The property includes two residential 1-bedroom, 1-bathroom units currently rented at $813/month and $922.50/month, providing steady income from day one. An additional VACANT commercial unit offers exceptional flexibility for an owner, entrepreneur, or investor looking to secure additional rental income at market rates. Combining residential stability with commercial potential, this property is a versatile addition to any real estate portfolio.
| MLS # | X13483498 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 74 |
| Listing Provided By | CENTURY 21 SYNERGY REALTY INC. | X13483498 485605 |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 3 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.12 |
| Interior Features | Separate Hydro Meter |
|---|---|
| Cooling | None |
| Heat Source | Electric |
| Fireplace Yes / No | No |
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Stone |
| Construction Materials | Vinyl Siding |
| Garage Yes / No | No |
|---|
| Sewer | Sewer |
|---|
| Tax Annual Amount | 4572.28 |
|---|---|
| Tax Legal Description | PT LT 173 S/S MAIN ST PL 13884 LANARK S SOUTH ELMSLEY AS IN RS82962 TOWN OF SMITHS FALLS |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Lanark |
| City | Smiths Falls |
| Postal Code | K7A 1A5 |
| Area | 901 Smiths Falls |
| Listing VS Median (in K7A 1A5) | |
Price: $359,900 low | high Med: $0 On site: 74 low | high Med: | |
| Province | ON |
|---|---|
| County | Lanark |
| City | Smiths Falls |
| Postal Code | K7A 1A5 |
| Area | 901 Smiths Falls |
| Listing VS Median (in K7A 1A5) | |
Price: $359,900 low | high Med: $0 On site: 74 low | high Med: | |