18 Market Street, Smiths Falls, ON

$475,000
MLS#:X12743276
0 beds
0 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] commercial retail located in the coveted neighborhood of 901 - Smiths Falls. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $475,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 39.65 x 60.7 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • equipped with ["no"] central cooling and highly efficient gas forced air open heating

BUILDING FOR SALE (NOT THE BUSINESS) Excellent Mixed-Use (fully rented) Investment Opportunity in the Heart of Smiths Falls. Welcome to a solid, income-generating mixed-use commercial building ideally located in the heart of Smiths Falls. This well-positioned property offers a diverse tenant mix with one commercial unit and four residential apartments, making it an excellent opportunity for investors seeking stable cash flow and future upside.The ground-floor commercial unit is approximately 1,000 sq. ft. and is currently rented at $785/month, offering strong street presence and visibility. The residential component includes four units: a ground-floor bachelor apartment renting for $540/month, a one-bedroom unit on the second floor renting for $895/month, and two spacious two-bedroom units on the second floor, each renting for $895/month. All rents are currently inclusive, providing ease of management. However, the building is equipped with five separate hydro meters, allowing a future owner the opportunity to transition utilities to tenant responsibility for improved operating efficiency and increased net income. The property features a combination of gas forced-air heating and electric baseboard heating, offering flexibility and redundancy. With its central location close to shops, services, and amenities, this property is well-positioned for long-term tenant demand. Whether you're looking to expand your investment portfolio or secure a mixed-use asset in a growing community, this Smiths Falls property offers strong income, flexibility, and upside potential.

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date1/30/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommercial Retail
Lot Size39.65 × 60.7 Feet
CountyLanark
Annual Tax$7,310
Legal DescriptionPT LT 102 S/S WILLIAM ST PL 13884 LANARK S SOUTH ELMSLEY PTS 1 & 2, 27R3425; S/T & T/W RS88966 ; TOWN OF SMITHS FALLS

Parking & Garage

Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Open
Cooling["No"]

Features

Property Features

Community Features

Location

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18 Market Street, Smiths Falls, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 18 Market Street N, Smiths Falls, ON K7A 2E3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$380,000
Monthly Mortgage$2,208
Property Tax (Est.)$609
Utilities & Maint.$350
Total Monthly Cost$3,167

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Smiths Falls.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 901 Smiths Falls, Smiths Falls.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Duncan J Schoular
Public41 McGill Street South, Smiths Falls, Ontario, K7A 3M9
2.6
Chimo
Public11 Ross Street, Smiths Falls, Ontario, K7A 4V7
3.7
St Francis de Sales
Public4 Ross Street, Smiths Falls, Ontario, K7A 4L5
2.9

Secondary Schools

St. Luke Catholic
Catholic5 Catherine Street, Smiths Falls, Ontario, K7A 3Z9
0.9
Smiths Falls
Public10 Ontario Street, Smiths Falls, Ontario, K7A 4P9
3.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.