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20,000 SqFt
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 20,000 sqft
Price per Sqft $0
Subdivision 901 - Smiths Falls
MLS Listing ID X12320028
Annual Tax Amount $39,570
Tax Year 2024
Property Sub-Type Investment
Property Description
A modern, purpose-built 16-unit multi-residential building completed in 2021, located in a quiet residential pocket of Smiths Falls just steps from the Rideau Canal and a short walk to shops, restaurants, and everyday amenities. Situated in a well-established neighbourhood, the property combines high-quality construction with contemporary features tailored to todays renters.The three-storey building offers a diverse mix of suites, including three bachelor units, two one bedroom units, eight two-bedroom units, and three three-bedroom unitsthree of which are fully accessible. Each suite features in-unit laundry, air conditioning, granite Countertops, and a full set of stainless-steel appliances including a fridge, stove, and dishwasher. Every unit includes either a balcony or a private patio, providing outdoor living space for residents. Built with both convenience and sustainability in mind, the building includes covered and uncovered parking, electric vehicle charging stations, and an elevator servicing all floors. The property is also fully secured with 24/7 building access control. Less than 1 km from the Smiths Falls Via Rail station, with direct service to Ottawa, and just a one-hour drive to the nations capital. Ideally positioned for commuters and local residents alike. This turnkey, low-maintenance investment opportunity offers stable income and long-term value in one of Ontarios most accessible and fast-growing secondary markets.
Location
Province ON
County Lanark
Community 901 - Smiths Falls
Area Lanark
Zoning R3
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 155.71
Lot Depth 120.11
Listed by CBRE LIMITED
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