$489,900
7 Union Street, Smiths Falls, ON K7A 2R9
Smiths Falls
Listing courtesy of CENTURY 21 HERITAGE GROUP LTD., BROKERAGE
Smiths Falls · K7A 2B1
$500,000
$157 / sq ft1 months on market
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$489,900
Smiths Falls
Listing courtesy of CENTURY 21 HERITAGE GROUP LTD., BROKERAGE
Turnkey mixed-use asset with a 7.6% cap rate, delivering dependable commercial and residential cash flow. Situated along Beckwith Street North in the heart of downtown Smiths Falls, this fully tenanted investment offers stable, diversified income from both retail and residential tenancies. The property comprises approximately 3,176 sq. ft. of above-grade space, including ground-floor commercial space with basement access and a well-configured three-bedroom apartment above, all within a traditional main street building supported by flexible C1 zoning. Current gross annual income is approximately $55,200, generating a net operating income of approximately $38,338. Recent capital improvements in 2023, including the roof, windows, and doors, together with no reported deferred maintenance, further enhance the appeal of this well-maintained downtown holding with long-term upside in a strengthening secondary market. --- The sale of the property does not include the business. --- ADDITIONAL DETAILS FOUND IN "MORE INFORMATION" LINK BELOW.
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An estimate on the asking price of $500,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX HALLMARK REALTY GROUP. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
$449,000
Smiths Falls
Listing courtesy of CENTURY 21 SYNERGY REALTY INC
$500,000
Smiths Falls
Listing courtesy of RE/MAX HALLMARK REALTY GROUP
$449,000
Smiths Falls
Listing courtesy of RE/MAX AFFILIATES MARQUIS LTD.