Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

43 BECKWITH Street, Smiths Falls, ON K7A 2B4 (Enter Smiths Falls to Beckwith Street. Property at number 43)
$ 475000 - MLS : X12492486

From Our Gallery

Description

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 vacant residential suites above and behind: A bright 1-bedroom apartment (previously rented for $1,650/month) and a private bachelor with separate entrance. Opportunity to chose your tenants and set price yourself. 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.

Location Description

Enter Smiths Falls to Beckwith Street. Property at number 43

Property Detail

Community: 901 - Smiths Falls
Property Type: Tenant/Commercial
Garages: Street
Annual Property Taxes : $ 3392.54

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : Street

Amenities

Heating : Gas Forced Air Open

Listing Contracted With: REAL BROKER ONTARIO LTD.

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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