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$ 539,999
Est. payment /mo
New
70-72 VICTORIA AVENUE Smiths Falls, ON K7A2P5
8 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision 901 - Smiths Falls
MLS® Listing ID X12438345
Bedrooms 8
Source Ottawa Real Estate Board
Property Description
Excellent investment opportunity in the heart of Smiths Falls! This well-maintained brick 4-plex is situated on a corner lot just steps from downtown amenities and the scenic Rideau Canal, a UNESCO World Heritage Site. Offering four 2-bedroom units with tenants already in place, this property is a true turnkey cash-flow generator. Currently grossing $41,143 annually, tenants pay their own hydro while the owner covers gas heating (forced air).The building features updates, including roof (2021), furnaces (2021) and recent front windows and back door replacement for Unit 72 and new front windows for the lower unit 70. Hot water tanks are owned, and each unit has its own hydro meter. Upper units enjoy private balconies, while the main level units feature decks and shared access to the spacious yard. Parking is plentiful with a laneway at the back of the building. Smiths Falls offers a charming, small-town atmosphere with attractions like Victoria Park, the Heritage House Museum, and the Railway Museum of Eastern Ontario. Residents enjoy local shops, restaurants, green spaces, and trails, all while being within easy reach of Ottawa and Kingston. A solid brick build, strong rental history, and a prime location make this property a reliable income producer for any investor. Opportunities like this don't last long, secure your piece of Smiths Falls today! (id:24570)
Location
Province ON
Rooms
Kitchen 2.0
Extra Room 1 Lower level 3.65 m X 3.96 m Living room
Extra Room 2 Lower level 3.35 m X 4.26 m Kitchen
Extra Room 3 Lower level 3 m X 4.26 m Bedroom
Extra Room 4 Lower level 3.35 m X 4.26 m Bedroom
Extra Room 5 Upper Level 3 m X 3.35 m Bedroom
Extra Room 6 Upper Level 3.5 m X 4.11 m Kitchen
Interior
Heating Forced air
Exterior
Parking Features No
View Y/N No
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by EXP REALTY
