42 CHURCH Street W, Smiths Falls, ON K7A 1P7

$799,000
11
BD
4
BA
3,500
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$799,000
Price Change
▼ $50,000 1787246800
MLS#
X13000088
Status
ACTIVE
Type
Multifamily
SubType
Fourplex
Style
2-Storey
Bedrooms
11
Bathrooms
4
Living Area
3500-5000
Province
ON
Municipality
Smiths Falls
Area
Lanark
Neighborhood
901 - Smiths Falls
Subdivision
42 Church St W Smiths Falls

Property Description

Welcome to this beautiful Victorian brick 4-plex, ideally situated in one of Smiths Falls' most prestigious and historically rich neighborhoods where the upper management of the railroad formerly lived. This quiet, residential area offers charm and tranquility, while being just two blocks from the main business district and all amenities in the revitalized downtown core. The property is also conveniently located near the UNESCO World Heritage Site Rideau Canal, offering access to scenic walking trails and outdoor recreation. It features: Fully tenanted building with strong rental demand, Four separate hydro meters, New forced-air gas furnace. Located in an area benefiting from major community upgrades, including: New water treatment plant, New community center, New high school, Expansion of the existing hospital. This is an excellent rental market, with the majority of Canopy Tweed employees wanting to live in Smiths Falls close to their workplace, in an area of beautiful homes which will attract good tenants because of the upscale atmosphere. Three 3-bed units & one 2 bed unit, cash cow. This property's upscale surroundings and historic charm make it especially attractive to reliable tenants. Contact Brad Closs for more information or to arrange a viewing. RENTS; (1) $1,550 (2) $1,695 (3) $1,625 (4) $2,050

Additional Information

Taxes
$4,639
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Kitchens
4
Exterior
Brick
Garage Type
None
Pool
None
Parking Spaces
6

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX HALLMARK REALTY GROUP.