34 Market Street, Smiths Falls
Turn-Key Income TRIPLEX in the Heart of Smiths Falls - Attention investors: this fully renovated mixed-use triplex sits just steps from the Rideau Canal and downtown core, and it's built to perform - and a cap rate over 9.75%. With two vacant units, you set the rents - or occupy one yourself and let the building carry the mortgage. The main floor commercial unit offers high street visibility and was most recently leased to an established medical/spa tenant, proof this address draws quality commercial traffic. Run your own business here, or hold it as stable, professional-grade rental income. Above, two newly renovated residential units are finished with modern fixtures and brand-new appliances. One unit features in-suite laundry - a rare amenity in this price point that commands premium rent and keeps good tenants renewing year after year.This is a rare chance to own a prime, income-generating asset in one of the region's fastest-growing communities - immediate cash flow, low-maintenance renovated units, and long-term upside all in one address. (id:1945)
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Property details for 34 Market Street, Smiths Falls
- Type
- Multi-family
- Bedrooms
- 4
- Bathrooms
- 4
- Lot Size
- 47 x 30 FT
- Stories
- 2
- Basement
- Crawl space
- Parking
- No Garage
- Heating
- Baseboard heaters, Electric, Natural gas
- Cooling
- Central air conditioning
- Exterior
- Steel, Brick
- Annual Taxes
- $6,133
Nearby Listings Stat
Estimated price and comparable properties near 34 Market Street
Active Listings
2
Min Price
$499,999
Max Price
$649,000
Avg Price
$574,500
Days on Market
52
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Smiths Falls, Ontario
Population
498
Median Age
41.8
Median Income
$27,136
Dwelling Value
$170,900
Housing Tenure
Owners 44%
Renters 56%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 2,819.9/km²
Avg Shelter Cost: $1,419/mo
Owners with Mortgage: 93.8%
Owners Spending 30%+: 23.5%
Tenants Spending 30%+: 47.6%
English only: 86.9%
English and French: 13.1%
Median Household Income: $45,888
Median Employment Income: $23,104
Price History
Listed
September 23, 2026
by ROYAL LEPAGE INTEGRITY REALTY
Current Price
$499,999
Type
Multi-family
For Sale