REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1
Est. payment | /mo
$ 1
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision 901 - Smiths Falls
MLS Listing ID X12320028
Annual Tax Amount $41,438
Tax Year 2024
Property Sub-Type Investment
Property Description
For Sale Court-Approved Receivership Sale A modern, purpose-built, and stabilized 16-unit multi-residential building completed in 2021. This three storey property offers a diverse suite mix: three bachelor units, two one-bedroom units, eight two bedroom units, and three three-bedroom units three of which are fully accessible. Each suite features in-unit laundry, air conditioning, and a full stainless-steel appliance package (fridge, stove, dishwasher, microwave), along with either a private balcony or patio for outdoor living. The building is equipped with an elevator for enhanced accessibility, servicing all floors, and security features include 24/7 controlled building access. The property is separately metered for hydro, gas, and water, with tenants paying additional for parking. This turnkey, low-maintenance investment offers consistent income and long-term value in one of Ontario's most accessible and fast-growing secondary markets, combining high-quality construction with contemporary features designed to meet the needs of todays renters.
Location
Province ON
County Lanark
Community 901 - Smiths Falls
Area Lanark
Zoning R3
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 155.71
Lot Depth 120.11
Others
ParcelsYN No
Listed by CBRE LIMITED
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "