Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

8 Beckwith Street N, Smiths Falls, ON K7A 2B1 (Main St W)
$ 519999 - MLS : X12841032

From Our Gallery

Description

Turnkey mixed-use asset with a 7.4% cap rate, delivering dependable commercial and residential cash flow. Situated along Beckwith Street North in the heart of downtown Smiths Falls, this fully tenanted investment offers stable, diversified income from both retail and residential tenancies. The property comprises approximately 3,176 sq. ft. of above-grade space, including ground-floor commercial space with basement access and a well-configured three-bedroom apartment above, all within a traditional main street building supported by flexible C1 zoning. Current gross annual income is approximately $55,200, generating a net operating income of approximately $34,476. Recent capital improvements, including updates to the roof, windows, and doors, together with no reported deferred maintenance, further enhance the appeal of this well-maintained downtown holding with long-term upside in a strengthening secondary market. ADDITIONAL DETAILS FOUND IN "MORE INFORMATION" LINK BELOW.

Location Description

Main St W

Property Detail

Community: 901 - Smiths Falls
Property Type: Tenant/Commercial
Bath: 3
Garages: None
Annual Property Taxes : $ 7500

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : None

Amenities

Heating : Gas Forced Air Open

Listing Contracted With: RE/MAX HALLMARK REALTY GROUP

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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