ExtensionFor Sale

58-60 Victoria Avenue
Smiths Falls, Lanark, ON, K7A 2P4

Investment
TRREB
MLS® Number: X11968288
$525,000List Price
InvestmentProperty Type
2,288 sq ftSize
$3,000 / 2024Taxes (Annual)
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Listing History

Buy/sell history for 58-60 Victoria Avenue, Smiths Falls, ON K7A 2P4

0 Transactions by CPRB Agents

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Description

**Turnkey 5-Unit Investment Property in Prime Smiths Falls Location**An excellent opportunity to own a **recently renovated five-unit income property** in the heart of Smiths Falls! Perfectly positioned **within walking distance of the VIA RAIL train station**, this location offers unmatched convenience for tenants and strong rental demand.This property is projected to generate a **gross income of $59,465 and a net income of $45,600**, making it a **high-yield investment** with solid cash flow. One of the five units is **vacant and ready for you to set your own rent**, maximizing your returns from day one.With modern updates already completed, this **turnkey investment** is ideal for investors looking for a **low-maintenance, income-generating property** in a growing market.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$3,000 / 2024
Listing #:X11968288
Property Type:Investment
Size:2,288 sq ft
Land Size:60 x 132
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:RE/MAX HALLMARK REALTY GROUP

Rooms

Details

Property

Property Type:Investment
Community:901 - Smiths Falls
Municipality:Lanark

Building

Size:2,288 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Gas Forced Air Open

Land

Cross Street:Cornelia St W to Victoria Ave

$525,000

List price

58-60 Victoria Avenue, Smiths Falls – Investment for sale · MLS® # X11968288