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Home ON Lanark County Smiths Falls
43 BECKWITH STREET
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43 BECKWITH STREET $475,000
$475,000
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43 BECKWITH STREET
Smiths Falls, Ontario K7A2B4

MLS® Number: X12492486

Listing 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. (41541885)

Location Description

Enter Smiths Falls to Beckwith Street. Property at number 43

Property Summary

Property Type
Retail
Community Name
901 - Smiths Falls
Land Size
Bldg=17.65 x 74.46 FT
Annual Property Taxes
$3,392.54
Time on REALTOR.ca
46 days

Building

Heating & Cooling
Cooling
None
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water

Measurements

Square Footage
1800 sqft
Exterior Building Size
1800 sqft

Land

Lot Features
Frontage
17 ft ,7 in
Land Depth
74 ft ,5 in
Other Property Information
Zoning Description
C1/commercial
Data provided by: Ottawa Real Estate Board
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Deb Driscoll