For Sale Retail

8 Beckwith Street N

$500,000 Est. $2,214/mo ↓

Smiths Falls, Ontario K7A 2B1

3 Bathrooms
3,176 sqft Interior
Bldg=28 X 57 Ft Lot size
3 days ago Listed
Virtual tour Fully Air Conditioned Forced Air, Hot Water Radiator Heat

About this home

Turnkey mixed-use asset with a 7.6% cap rate, delivering dependable commercial and residential cash flow. Situated along Beckwith Street North in the heart of downtown Smiths Falls, this fully tenanted investment offers stable, diversified income from both retail and residential tenancies. The property comprises approximately 3,176 sq. ft. of above-grade space, including ground-floor commercial space with basement access and a well-configured three-bedroom apartment above, all within a traditional main street building supported by flexible C1 zoning. Current gross annual income is approximately $55,200, generating a net operating income of approximately $38,338. Recent capital improvements in 2023, including the roof, windows, and doors, together with no reported deferred maintenance, further enhance the appeal of this well-maintained downtown holding with long-term upside in a strengthening secondary market. --- The sale of the property does not include the business. --- ADDITIONAL DETAILS FOUND IN "MORE INFORMATION" LINK BELOW. (id:28469)

Facts & features

Property

MLS® Number
X13634224
Property Type
Retail
Community Name
901 - Smiths Falls

Building

Bathroom Total
3
Cooling Type
Fully Air Conditioned
Heating Fuel
Natural Gas
Heating Type
Forced Air, Hot Water Radiator Heat
Size Exterior
3176 Sqft
Size Interior
3,176 Sqft
Type
Residential Commercial Mix
Utility Water
Municipal Water

Land

Acreage
No
Size Depth
57 Ft
Size Frontage
28 Ft
Size Irregular
Bldg=28 X 57 Ft
Size Total Text
Bldg=28 X 57 Ft
Zoning Description
Dc - Downtown Core

The Smiths Falls market

85 Active listings
$439,900 Median asking price
14% above median This home
33 days Avg. time on market
Browse all Smiths Falls listings →

Monthly payment estimate

$
Estimated payment per month
Mortgage amount
Total interest

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment
$2,214/mo
Ontario land transfer tax
$6,475 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

Location

8 Beckwith Street N, Smiths Falls, Ontario K7A 2B1  ·  Get directions

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