$450,000
27-29 Market Street N 27A, 27B, 29A, 29B, Smiths Falls, ON K7A 2E5


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Smiths Falls, ON K7A 3Y7
6 Bed · 4 Bath · Fourplex
MLS #X11946434
Sold on May 21, 2025
May 21, 2025
Originally listed at $599,900 99 days on market
Rarely offered, very well maintained fourplex with just under 8% cap rate in area with low vacancy, growing population in Ottawa bedroom community/ historical town located on the RIDEAU CANAL. Building situated on massive 60' x 120' lot in sought after location with ample parking at back of building. Ground floor with recently updated 2 x 2 bedroom units, upper floor is 2 x 1 bedroom apartments. FURNACES(2013, 2022), ROOF(2022), SOFFITS AND FASCIA(2013), ALL WINDOWS(2014), CHIMNEY CAPPED(2021), SEWAGE LINE REPLACEMENT(coordinated with municipality in 2022), COMPLETE PLUMBING UPDATE WITH ABS AND COPPER, ELECTRICAL(2008), GARAGE DOOR(2023), 4 hot water tanks(all owned, 4 hydro meters. The numbers are $55884 for 2025 Gross Rent. Cashflow(after taxes, utilities, insurance) is $46375(based on 2024 costs) offering a 7.73% cap rate. A solid investment for the savvy investor.
Bedrooms
6
Bathrooms
4
Property Type
Fourplex
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Original List Price
$599,900
Listed on Jan 28, 2025
Sold Price
$567,000
Sold on May 21, 2025
-$32,900
-5.5%
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Your Agent
Broker of Record
PREMIER MATRIX REALTY LTD. BROKERAGE
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Contact OVAIS QASSIM
117 Brockville Street, Smiths Falls, ON K7A 3Y7 is a 6-bedroom, 4-bathroom 2-storey fourplex, situated on a 60 120 foot lot. This property is currently sold (sold for $567,000). The home features a attached garage and a full, unfinished basement, built approximately 100+ years ago.
This home is located in 901 - Smiths Falls, part of Smiths Falls in the Lanark area. Explore more homes for sale and recently sold properties in this neighbourhood.
Whether you are looking to buy, sell, or lease in 901 - Smiths Falls, our team of experienced real estate professionals can help you navigate the market and find the perfect home. Contact us today for a free consultation.
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