Scout N Secure

$449,999

Map

34 Market Street

Smiths Falls, Smiths Falls, Ontario K7A2E6

For sale· Added

4 bed4 bath1,500–2,000 sqft

About this home

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.

Location

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Property details

Listing

MLS® number
X13816998
Added
Sep 22, 2026 ()
Updated
Oct 10, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Triplex
Storeys
2

Inside

Bedrooms
4
Bathrooms
4
Half baths
2
Heating
Baseboard heaters, Electric, Natural gas
Cooling
Central air conditioning
Fireplace
Yes
Appliances
Oven - Built-In
Features
Carpet Free

Building

Basement
Crawl space
Exterior
Steel, Brick
Foundation
Poured Concrete
Parking
No Garage

Land

Lot size
47 x 30 ft
Zoning
C1

Services

Water
Municipal water
Sewer
Sanitary sewer
Utilities
Sewer, Electricity, Cable

Location

Cross streets
Russell Street East
Directions
From Elmsley St S turn West onto Russell St E and then South onto Market St N.

Running costs

Annual property tax
$6,133

Price history

Oct 10, 2026$449,999▼ $50,000
Sep 22, 2026$499,999First recorded price

Price changes since Sep 22, 2026.

Rooms

KitchenSecond level3.4 x 2.01 m
Living roomSecond level3.66 x 3.63 m
Partial bathroomSecond level1.78 x 1.17 m
BedroomSecond level3.48 x 2.03 m
Bedroom 2Second level3.48 x 2.59 m
KitchenSecond level3.61 x 3.07 m
Living roomSecond level3.81 x 2.69 m
BathroomSecond level1.3 x 1.52 m
OfficeGround level3.58 x 3.35 m
OfficeGround level2.95 x 2.21 m
OfficeGround level4.57 x 2.46 m
Partial bathroomGround level2.16 x 1.8 m
Partial bathroomGround level2.39 x 1.8 m
BedroomSecond level3.28 x 3.23 m

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$449,999
34 Market Street
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