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1 Queen ST Smiths Falls, ON K7A 3N1
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Key Details
Sold Price $529,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 2500-3000
Subdivision 901 - Smiths Falls
MLS Listing ID X12062353
Sold Date 05/21/25
Style 2-Storey
Bedrooms 6
Annual Tax Amount $4,834
Tax Year 2024
Property Sub-Type Triplex
Property Description
TRIPLEX Welcome to 1 Queen Street! Discover this incredible investment opportunity in the ever-growing, family-friendly community of Smiths Falls. This Victorian triplex with a detached, double car garage, boasts three spacious units with excellent layouts and in-suite laundry for added convenience. The property includes: Two 2-bedroom units, currently rented at $1700/month and $1200/month. One 1-bedroom unit, currently rented at $1300/month. This property offers a 6.8% cap rate. The building features a private 4-car paved driveway and an outdoor area for tenant enjoyment with river views from each apartment. Located in a prime area with easy access to Ottawa, this triplex is within close proximity to schools, parks, trails, the river, and all the amenities Smiths Falls has to offer. Don't miss out on this exceptional opportunity. This beautiful building is one you would be proud to own.
Location
Province ON
County Lanark
Community 901 - Smiths Falls
Area Lanark
Rooms
Family Room No
Basement Unfinished
Kitchen 3
Interior
Interior Features Water Heater, Separate Hydro Meter
Cooling Central Air
Exterior
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 64.0
Lot Depth 120.0
Total Parking Spaces 5
Building
Foundation Stone
Others
Senior Community Yes
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