About this property

Rarely offered, very well maintained fourplex with just under 8% cap rate in area with low vacancy, growing population in Ottawa bedroom community/ historical town located on the RIDEAU CANAL. Building situated on massive 60' x 120' lot in sought after location with ample parking at back of building. Ground floor with recently updated 2 x 2 bedroom units, upper floor is 2 x 1 bedroom apartments. FURNACES(2013, 2022), ROOF(2022), SOFFITS AND FASCIA(2013), ALL WINDOWS(2014), CHIMNEY CAPPED(2021), SEWAGE LINE REPLACEMENT(coordinated with municipality in 2022), COMPLETE PLUMBING UPDATE WITH ABS AND COPPER, ELECTRICAL(2008), GARAGE DOOR(2023), 4 hot water tanks(all owned, 4 hydro meters. The numbers are $55884 for 2025 Gross Rent. Cashflow(after taxes, utilities, insurance) is $46375(based on 2024 costs) offering a 7.73% cap rate. A solid investment for the savvy investor.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X11946434
Status	Sold
Listing Type	For Sale
Property Type	Multi-Family
Interior Size	0 sq ft
Beds / Baths	6 bed · 4 bath
City	Smiths Falls
Postal Code	K7A 3Y7
Province	ON
Listed Date	March 5, 2026
Brokerage	SUTTON GROUP - OTTAWA REALTY