66 QUEEN Street, Smiths Falls — For Sale in Smiths Falls
0 bed · 6 bath · Investment for sale in Smiths Falls.
66 QUEEN Street, Smiths Falls, ON K7A 3N2
About This Property
Now for sale at 66 QUEEN Street in Smiths Falls: a 0-bedroom, 6-bathroom investment listed at $1,200,000.
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, New Roof April/2022, Cash Cow. Please, contact Brad Closs for more information or to arrange a viewing.
Property Specifications
| MLS® Number | X13000028 |
|---|---|
| Status | For Sale |
| List Price | $1,200,000 |
| Property Type | Commercial |
| Sub Type | Investment |
| Transaction Type | For Sale |
| Bedrooms | 0 |
| Bathrooms | 6 |
| Living Area | 0.3 sq ft |
| Address | 66 QUEEN Street, Smiths Falls, ON K7A 3N2 |
| City | Smiths Falls |
| Postal Code | K7A 3N2 |
Listing Contracted With: RE/MAX HALLMARK REALTY GROUP
