Royal LePage Maximum Realty Brokerage

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RLP Maximum
7694 Islington Ave, 2nd Floor Suite 220
Vaughan, ON L4L 1W3
Tel: (905) 856-7514

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66 Queen Street, Smiths Falls, ON K7A 3N2

Property For Sale | X13000028Sale

Listing ID: X13000028
$1,200,000
6 Bathrooms
Listing ID #X13000028
Property Description

This fully tenanted 6-unit apartment building sits on a generously sized lot, backing directly onto the UNESCO World Heritage Site, the Rideau Canal-offering access to scenic walking trails and outdoor recreation. Located in a quiet, residential neighbourhood known for its charm and upscale character, the property is just two blocks from the main business district and all amenities in the revitalized downtown core. The building offers beautiful canal views, specifically from the second-floor balcony, and attracts quality tenants due to its desirable surroundings. All tenants pay their own heat and hydro, with gas heating in place. Ample parking is available, with space for approximately two vehicles per unit. Current rental income is as follows: Unit 1: $871, Unit 2: $847, Unit 3: $1, 896, Unit 4: $1, 090, Unit 5: $1, 800, Unit 6: $1, 800. With strong existing cash flow and significant upside potential to increase rents, this property presents an excellent opportunity for investors seeking long-term growth and reliable returns. Two 3-bed units & four 2 bed units, New Roof April/2022, Cash Cow. Please, contact Brad Closs for more information or to arrange a viewing.

Basic Details
Listing ID : X13000028
Listing Type : Sale
Price : $1,200,000
Bathrooms : 6
Status : Active
Property Sub Type : Investment
Map
Address Map
66
QUEEN
US
ON
Lanark
Smiths Falls
K7A 3N2
Street
66 Queen St Smiths Falls
C2 Commercial
Property Area
901 - Smiths Falls
Features
: No
: Yes
Additional Information
0.3
Apts - 6 To 12 Units
: Major Highway
Financial
8903.81
Listing Information
New
2026-04-22T15:09:47Z
TRREB

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