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43 Beckwith Street Smiths Falls, Ontario K7A 2B4

1800 sqft
None Forced Air

$465,900

Prime mixed-use income property in the heart of downtown Smiths Falls on the newly revitalized Beckwith Street! Featuring a fully leased 900 sq ft street-level commercial unit (bringing in $1,700 + HST per month, with rent increasing by $50 annually until 2029) and two residential suites, 1 above and 1 behind: A bright 1-bedroom apartment (currenttly rented for $1,625/month plus hydro) and a vacant bachelor with separate entrance. Recent upgrades include a new roof membrane with 3" insulation (2025, $30K), two new hot water tanks (2024), and natural gas forced-air heating. Ideal setup for investors or owner-occupiers seeking steady rental income. Projected gross income over $54,000 annually with a strong 9% cap rate and potential to increase. Municipal water & sewer, both street and read parking and amazing visibility on a beautiful upscale street. A rare opportunity to own a solid cash flowing property with strong value-add potential in the heart of downtown Smiths Falls. (id:49269)

Property Details

MLS® Number X12872476
Property Type Retail
Community Name 901 - Smiths Falls

Building

CoolingType None
HeatingFuel Natural Gas
HeatingType Forced Air
SizeExterior 1800 Sqft
SizeInterior 1800 Sqft
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 74 Ft ,5 In
SizeFrontage 17 Ft ,7 In
SizeIrregular Bldg=17.65 X 74.46 Ft
SizeTotalText Bldg=17.65 X 74.46 Ft
ZoningDescription C1/commercial

https://www.realtor.ca/real-estate/29458302/43-beckwith-street-smiths-falls-901-smiths-falls

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