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MLS® X13000028

  • Key Facts
  • Description
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Key Facts

Type 
Levels Commercial Sale
Size -
Garage None
Taxes $8,904
Days Active 2
Lot Size 
Approx. Age 
MLS® Number X13000028

Property Address: 66 Queen Street, Smiths Falls, ON, K7A3N2

Average square foot calculated using Size range provided by listing agent.

Description

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.Show Description
MLS® NumberX13000028
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
Basement
DrivewayGarage Type:None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
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Starting Address
Destination Address
66 Queen Street, Smiths Falls, ON

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