For Sale

4-6 Russell Street Unit# 4, Smiths Falls, Ontario K7A1E8

$1,200,000

4-6 Russell Street Unit# 4, Smiths Falls, Ontario K7A1E8 is For Sale and has a listing price of 1,200,000. The property is located in the Smiths Falls neighbourhood. It's been on the website for 1 Day.

  • Multi-family
    Property Type
  • Multi-family
    Building Type
  • MLS ID: X11946453
  • Office Name REAL BROKER ONTARIO LTD.,REAL BROKER ONTARIO LTD.
Property Description

Prime Investment Opportunity in the Heart of growing Smiths Falls! Seize this rare chance to own an almost, fully tenanted mixed-use building on a bustling street in Smiths Falls! This well-maintained property offers two commercial units, both occupied by fantastic long-term tenants, providing stable income for the landlord. Above, you’ll find four updated and modern 2 bedroom apartments, 3 of which are currently tenanted at market rent, ensuring consistent cash flow. The fourth unit is vacant, offering the perfect opportunity for an investor to move in while benefiting from the income of the remaining units. Each apartment has been renovated, bright, and well-maintained, offering a clean and safe living space. With a strong rental history and prime location on a high-traffic street, this property is a turnkey investment ideal for seasoned investors or owner-occupiers looking to offset their mortgage with steady rental income. Don’t miss out on this income-generating gem! Contact us today for financials and to schedule a private viewing. Commercial space may only be viewed during the retailers business hours. (id:43137)

Property Details
  • MLS ID: X11946453
  • Price: $1,200,000
  • Transaction Types: For Sale
  • Ref ID: 27856602
  • Year Built: N/A
  • Building Type: Multi-family
  • Property Type: Multi-family
  • Property Type: All Houses
  • Property Sub Category: All Houses
Price History
List Date MLS ID List Price Status End Date Closed Price
01/28/2025 X11946453 $1,200,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Smiths Falls
  • $602,653 Average List Price
    based on 1 year
  • 28 New Listings
    based on 30 days
  • 58 Median Days on Market
    based on 1 year
  • List vs. Selling Price 147.26 % Up
  • Sold (12mo) 24
  • Rented (12mo) 12

  • 1 Month Change -35.7%
  • 3 Month Change +16.8%
  • 6 Month Change -41.3%
Walkscore
Property Type Distribution
  • All Houses
    70.25%
  • Commercial
    10.83%
  • Condo
    17.9%
  • Land for Sale
    1.02%
Additional Details
  • Heating System Baseboard Heaters
  • Water Municipal Water
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 28/01/2025 00:00:00
  • Zoning M-1
  • Agent Name: DEB DRISCOLL,JAIME PECA
  • Last Updated: 30/01/2025 02:52:06
Open House Dates
  • 1. 02/02/2025 (Start time: 2:00 PM - End time: 4:00 PM)
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