43 Beckwith Street Smiths Falls, Ontario K7A 2B4
$465,900
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 residential suites, 1 above and 1 behind: A bright 1-bedroom apartment (currenttly rented for $1,625/month plus hydro) and a vacant bachelor with separate entrance. 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:59524)
Property Details
| MLS® Number | X12872476 |
| Property Type | Retail |
| Community Name | 901 - Smiths Falls |
Building
| CoolingType | None |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeExterior | 1800 Sqft |
| SizeInterior | 1800 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 74 Ft ,5 In |
| SizeFrontage | 17 Ft ,7 In |
| SizeIrregular | Bldg=17.65 X 74.46 Ft |
| SizeTotalText | Bldg=17.65 X 74.46 Ft |
| ZoningDescription | C1/commercial |
https://www.realtor.ca/real-estate/29458302/43-beckwith-street-smiths-falls-901-smiths-falls

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