$649,000 FOR SALE

Multiplex

Lot: 60 x 132 ft

58-60 Victoria Avenue
Smiths Falls, ON K7A 2P4

**Turnkey 5-Unit Investment Property in Prime Smiths Falls Location**An excellent opportunity to own a **recently renovated five-unit income property** in the heart of Smiths Falls! Perfectly positioned **right in front of the train station**, this location offers unmatched convenience for tenants and strong rental demand.This property is projected to generate a **gross income of $59,465 and a net income of $45,600**, making it a **high-yield investment** with solid cash flow. Two of the five units are **vacant and ready for you to set your own rents**, maximizing your returns from day one.With modern updates already completed, this **turnkey investment** is ideal for investors looking for a **low-maintenance, income-generating property** in a growing market. Don't miss outcontact us today for more details or to book a showing! (id:47423)

Share

Listed By RE/MAX HALLMARK REALTY GROUP
Data Provided By Ottawa Real Estate Board
MLS® Listing Number X11968288
Last Updated Feb 19, 2025
Property Summary
Property Type Multiplex

More like this:
Use Apartments
Community 901 - Smiths Falls
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Lot 60 x 132 ft
Listing Contract Date 2025-02-11
Location Description Cornelia St W to Victoria Ave
Property Type Multi-family
Transaction Type For sale
Zoning Description C1
Business
Business Type Residential
Business Subtype Apartments
Building
Appliances Refrigerator, Stove
Heating Fuel Natural gas
Heating Type Other
Size (Exterior) 2288 square feet
Type Multi-Family
Utility Water Municipal water
Land
Total Size Bldg=60 x 132 FT
Size of Irregular Land Bldg=60 x 132 FT
External Links

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
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.