8 Beckwith Street N,Smiths Falls, ON K7A 2B1
Smiths Falls, ON K7A 2B1
Description
Turnkey mixed-use asset with a 7.6% cap rate, delivering dependable commercial and residential cash flow. Situated along Beckwith Street North in the heart of downtown Smiths Falls, this fully tenanted investment offers stable, diversified income from both retail and residential tenancies. The property comprises approximately 3,176 sq. ft. of above-grade space, including ground-floor commercial space with basement access and a well-configured three-bedroom apartment above, all within a traditional main street building supported by flexible C1 zoning. Current gross annual income is approximately $55,200, generating a net operating income of approximately $38,338. Recent capital improvements in 2023, including the roof, windows, and doors, together with no reported deferred maintenance, further enhance the appeal of this well-maintained downtown holding with long-term upside in a strengthening secondary market. --- The sale of the property does not include the business. --- ADDITIONAL DETAILS FOUND IN "MORE INFORMATION" LINK BELOW.
Details
| MLS # | X13634224 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 29 |
| Listing Provided By | RE/MAX HALLMARK REALTY GROUP | X13634224 504300 |
Features
| Bath(s) | 3 |
|---|---|
| SQ Feet | 3,176 |
| Acreage | 0.07 |
Interior
| Cooling | Yes |
|---|
Exterior
| Security Features | No |
|---|
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 7531.8 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | PT LT 108 S/S WILLIAM ST PL 13884 LANARK S SOUTH ELMSLEY AS IN RS51592; T/W RS64774 ; TOWN OF SMITHS FALLS |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Lanark |
| City | Smiths Falls |
| Postal Code | K7A 2B1 |
| Area | 901 Smiths Falls |
| Listing VS Median (in K7A 2B1) | |
Price: $500,000 low | high Med: $330,000 sqft: 3,176 low | high Med: 1,884 $ / sqft: $157 low | high Med: $214 On site: 29 low | high Med: 103 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Lanark |
| City | Smiths Falls |
| Postal Code | K7A 2B1 |
| Area | 901 Smiths Falls |
| Listing VS Median (in K7A 2B1) | |
Price: $500,000 low | high Med: $330,000 sqft: 3,176 low | high Med: 1,884 $ / sqft: $157 low | high Med: $214 On site: 29 low | high Med: 103 | |
