66 QUEEN Street, Smiths Falls, ON

$1,200,000
MLS#:X13000028
0 beds
6 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] investment 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 $1,200,000 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 6 Bathrooms
  • Premium 105 x 120 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 hot water heating

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.

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Key Features

Bathrooms
6
Property Type
Commercial

Additional Details

StatusActive
Listed Date4/14/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeInvestment
Lot Size105 × 120 Feet
CountyLanark
Annual Tax$8,903.81

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeGas Hot Water
Cooling["No"]

Features

Property Features

Community Features

Major Highway

Location

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66 QUEEN Street, Smiths Falls, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 66 QUEEN Street, Smiths Falls, ON K7A 3N2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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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.
Financial Audit

Estimated Costs

Loan Amount$960,000
Monthly Mortgage$5,578
Property Tax (Est.)$742
Utilities & Maint.$350
Total Monthly Cost$6,670

Strategic Fiscal Clarity

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