43 Beckwith Street Smiths Falls, Ontario K7A 2B4

1,800 ft2
None Forced Air

$475,000

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. (id:37553)

Property Details

MLS® Number X12492486
Property Type Retail
Community Name 901 - Smiths Falls

Building

Cooling Type None
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 1800 Sqft
Size Interior 1,800 Ft2
Utility Water Municipal Water

Land

Acreage No
Size Depth 74 Ft ,5 In
Size Frontage 17 Ft ,7 In
Size Irregular Bldg=17.65 X 74.46 Ft
Size Total Text Bldg=17.65 X 74.46 Ft
Zoning Description C1/commercial

https://www.realtor.ca/real-estate/29049399/43-beckwith-street-smiths-falls-901-smiths-falls