$449,999
↓ $50,000 from $499,999
Est. payment $1,992/moCalculate yours
34 Market Street, Smiths Falls, ON K7A 2E6
901 - Smiths Falls, Smiths Falls, ON K7A 2E6
- 4 Beds
- 4 Baths
- 1,500 Sq Ft
Listing courtesy of ROYAL LEPAGE INTEGRITY REALTY MLS® X13816998
About this home
Turn-Key Income TRIPLEX in the Heart of Smiths Falls - Attention investors: this fully renovated mixed-use triplex sits just steps from the Rideau Canal and downtown core, and it’s built to perform - and a cap rate over 9.75%. With two vacant units, you set the rents - or occupy one yourself and let the building carry the mortgage. The main floor commercial unit offers high street visibility and was most recently leased to an established medical/spa tenant, proof this address draws quality commercial traffic. Run your own business here, or hold it as stable, professional-grade rental income. Above, two newly renovated residential units are finished with modern fixtures and brand-new appliances. One unit features in-suite laundry - a rare amenity in this price point that commands premium rent and keeps good tenants renewing year after year.This is a rare chance to own a prime, income-generating asset in one of the region’s fastest-growing communities - immediate cash flow, low-maintenance renovated units, and long-term upside all in one address.
Property details
Overview
- Property Type
- Triplex
- Style
- 2-Storey
- For
- For Sale
- Status
- Price Change
- Size
- 1,500 sqft
Interior
- Bedrooms
- 4
- Bathrooms
- 4
- Kitchens
- 2
- Basement
- Crawl Space
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- Central Air
- Exterior
- Brick, Metal/Steel Siding
- Foundation
- Poured Concrete
- Roof
- Asphalt Rolled
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 47 x 30 Feet
- Parking
- None garage
- Zoning
- C1
Financial
- Property Taxes
- $6,133 (2025)
Location
- Neighbourhood
- 901 - Smiths Falls
- Cross Street
- Russell Street East
- Direction Faces
- South
Listing
- MLS® Number
- X13816998
- Days on Market
- 26
- Listed On
- 2026-09-22
- Listed By
- ROYAL LEPAGE INTEGRITY REALTY
Rooms
Features
Interior
- Built-In Oven
- Carpet Free
Pool
- None
- Rental items
- Hot Water Tank x 3
Mortgage calculator
Estimated mortgage payment
$1,992 per month
- Principal and interest
- $1,992
- Property tax
- $511
- Condo fees
- $0
- Estimated monthly cost
- $2,504
Your mortgage
- Mortgage amount
- $359,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $237,750
Cash to close
- Down payment
- $90,000
- Land transfer tax
- $5,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $95,475
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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