About this property

This fully tenanted 6-unit apartment building sits on a generously sized lot, backing directly onto the UNESCO World Heritage Site, the Rideau Canal-offering access to scenic walking trails and outdoor recreation. Located in a quiet, residential neighbourhood known for its charm and upscale character, the property is just two blocks from the main business district and all amenities in the revitalized downtown core. The building offers beautiful canal views, specifically from the second-floor balcony, and attracts quality tenants due to its desirable surroundings. All tenants pay their own heat and hydro, with gas heating in place. Ample parking is available, with space for approximately two vehicles per unit. Current rental income is as follows: Unit 1: $871, Unit 2: $847, Unit 3: $1,896, Unit 4: $1,090, Unit 5: $1,800, Unit 6: $1,800. With strong existing cash flow and significant upside potential to increase rents, this property presents an excellent opportunity for investors seeking long-term growth and reliable returns. Two 3-bed units & four 2 bed units, New Roof April/2022, Cash Cow. Please, contact Brad Closs for more information or to arrange a viewing.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X13000028
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	0 sq ft
Beds / Baths	0 bed · 6 bath
Neighbourhood	901 - Smiths Falls
City	Smiths Falls
Postal Code	K7A 3N2
Province	ON
Listed Date	April 15, 2026
Days on Market	113
Brokerage	RE/MAX HALLMARK REALTY GROUP