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    For Sale - 66 QUEEN Street, Smiths Falls, Ontario

    Est payment $5,522/mo
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    Views   4
    Time on Jump  186 day

    AI Summary *

    • Fully tenanted 6-unit apartment building with scenic Rideau Canal views.
    • Generously sized lot in a quiet, upscale residential neighborhood.
    • Just two blocks from downtown amenities and business district.
    • Ample parking available, accommodating approximately two vehicles per unit.
    • Strong cash flow with potential for rent increases, ideal for investors.




    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.
    Listing IDX13000028
    Address66 QUEEN Street
    CitySmiths Falls, Ontario
    Price$1,150,000
    Bath6 Full
    StyleInvestment
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentCommunity Features Major HighwayHeating / Cooling Gas Hot Water

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    Listing Brokerage: RE/MAX HALLMARK REALTY GROUP

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    66 Queen Street
    Smiths Falls , Ontario
    6 $1,150,000
    Get more info