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Smiths Falls,ON K7A 1M9
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision 901 - Smiths Falls
MLS Listing ID X12146146
Style 2-Storey
Bedrooms 5
Annual Tax Amount $3,898
Tax Year 2024
Property Sub-Type Duplex
Property Description
Versatile 2-Storey Property with Commercial Zoning + Grandfathered Residential Use. This impeccably maintained two-storey property offers exceptional flexibility for investors or owner-occupants alike. Zoned commercial with grandfathered residential use on both floors, the building features two updated self-contained units with separate entrances. The main floor unit generates $1,800/month in rental income. The second-floor unit, previously rented for $2,050/month, is being left vacant to provide options for owner-occupancy or to attract tenants of your choosing. Extensively updated over the past six years, this property boasts new kitchens, bathrooms, all windows (2019), flooring, furnace (2021), and A/C (2020). Both units are both units are bright and flooded with bright natural light, this home is truly spotless and move-in ready and just a 1 minute walk to downtown restaurants and cafes and proximity to Smiths Falls Beach Park. Whether you're seeking a live/work setup, an income-generating property, or a unique space with future commercial potential, this opportunity checks all the boxes.
Location
Province ON
County Lanark
Community 901 - Smiths Falls
Area Lanark
Rooms
Family Room No
Basement Unfinished
Kitchen 2
Interior
Interior Features None
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Exterior Feature Porch
Parking Features Private
Pool None
Roof Type Asphalt Shingle
Lot Frontage 60.0
Lot Depth 120.0
Total Parking Spaces 6
Building
Unit Features Beach
Foundation Stone