CAP RATE 6.2%! Updated and well maintained TRIPLEX on a corner lot with three 1-bedroom units and two parking spots. Unit 1 - features a two-storey unit with an updated kitchen with microwave/hoodfan, eating area, a family room on the main floor, in-unit laundry and a large bedroom on the second floor with walk-in closet and full bathroom with laundry. Tenant pays $1,600 per month + hydro. Unit 2 - features a 1 bedroom unit with full kitchen, good size living room, in-unit laundry and full bathroom with laundry. Tenant pays $1,250 per month + hydro. Unit 3 - features a 1 bedroom apartment with full kitchen with eating area, spacious living room, and balcony. (VACANT - projected rent $1,800 per month). Updates: Heating (2022), Roof (2017), Windows (2017). NOI: $42,004.29 (approx.) (id:2493)More details
143 Brockville Street offers a solid investment opportunity in Smiths Falls with strong income potential and future upside. This triplex features one 2 bedroom unit, one 3 bedroom unit, and one vacant 1 bedroom unit that could generate approximately $1,500/month inclusive of heat and hydro, allowing a new owner the opportunity to improve cash flow from day one. Apartment 1 - 3 bedroom - currently rents for $1,600/month inclusive of heat and hydro, while Apartment 3 - 2 bedroom - rents for $1,000/month with a $100/month credit for snow removal and grass cutting. The property is conveniently located within walking distance to downtown Smiths Falls, groceries, restaurants, and everyday amenities, making it attractive to tenants looking for affordability and convenience. The large shared rear yard adds usable outdoor space for tenants, while the basement laundry area offers additional potential for storage lockers or future improvements. With reasonable operating costs, reliable tenants, and the continued demand for rental housing in Smiths Falls due to its affordability and proximity to Ottawa, this property presents a practical opportunity for investors looking to add to their portfolio or enter the multi unit market. (id:2493)More details
Exceptional, convenient location, close to shops, schools, buses, groceries, and all local amenities! Short drive to Algonquin College, Carleton University, and Civic hospital. The spacious 1-bedroom unit, located in a low-rise building, is well-maintained, friendly, and clean. The rental fee includes heat and water, a full-size fridge, and a stove. Tenant pays hydro and water tank rental. Outdoor parking is available at an additional cost. Excellent for families, young professionals, and students. Book your viewing appointment today! (id:2493)More details
Data was last updated June 16, 2026 at 05:15 PM (UTC)
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