34 Market Street, Smiths Falls, ON
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of Smiths Falls. Expertly crafted featuring premium brick and metal/steel siding construction, this residence presents an exceptional opportunity offered at $499,999 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.
- 4 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 47 x 30 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: Built-In Oven, Carpet Free
- equipped with central air central cooling and highly efficient baseboard heating via electric
Description
Turn-Key Income TRIPLEX in the Heart of Smiths Falls - Attention investors: this fully renovated mixed-use triplex sits just steps from the Rideau Canal and downtown core, and it's built to perform - and a cap rate over 9.75%. With two vacant units, you set the rents - or occupy one yourself and let the building carry the mortgage. The main floor commercial unit offers high street visibility and was most recently leased to an established medical/spa tenant, proof this address draws quality commercial traffic. Run your own business here, or hold it as stable, professional-grade rental income. Above, two newly renovated residential units are finished with modern fixtures and brand-new appliances. One unit features in-suite laundry - a rare amenity in this price point that commands premium rent and keeps good tenants renewing year after year.This is a rare chance to own a prime, income-generating asset in one of the region's fastest-growing communities - immediate cash flow, low-maintenance renovated units, and long-term upside all in one address.
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Property Summary
This triplex located at 34 Market Street, Smiths Falls is currently for sale and has been available on SousaSells for 1 day. This property is listed at $499,999 with an estimated mortgage of $1,664* per month. It has 4 beds, 4 bathrooms, and is 1500-2000 square feet. 34 Market Street, Smiths Falls is in the Smiths Falls neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 4 bedrooms and 4 bathrooms, this home offers ample space and comfort for growing families in Smiths Falls, Smiths Falls.
- •4 spacious bedroom layout offering versatile living space
- •4 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Smiths Falls, Smiths Falls.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Built-In Oven
- Carpet Free
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Smiths Falls?
If you are looking for a house in Smiths Falls or researching Smiths Falls real estate for sale, this 4-bedroom triplex at 34 Market Street, Smiths Falls, ON offers an exceptional opportunity to buy a home in Smiths Falls, Ontario. Whether you are a first-time Smiths Falls home buyer or comparing active Smiths Falls MLS® homes for sale, working with a dedicated Smiths Falls buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Smiths Falls realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Smiths Falls Buyer Budget & Costs
Estimated mortgage: $1,664*/month*. Estimated Ontario Land Transfer Tax: $6,475. First-time Smiths Falls home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Smiths Falls
Frequently Asked Questions about 34 Market Street, Smiths Falls, ON
Q.What is the asking price for 34 Market Street, Smiths Falls, ON ?
The current listing price for 34 Market Street, Smiths Falls, ON in Smiths Falls, Smiths Falls is $499,999.
Q.How many bedrooms and bathrooms does this property have?
This property features 4 bedrooms and 4 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 34 Market Street, Smiths Falls, ON ?
34 Market Street, Smiths Falls, ON is a Triplex (2-Storey) featuring a Crawl Space basement.
Q.What interior features are included in this home?
Interior highlights include: Built-In Oven, Carpet Free.
Q.Is parking available at this property?
Yes, this property offers parking space for 0.0 vehicle (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via Central Air.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Smiths Falls, Smiths Falls
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 34 Market Street, Smiths Falls, ON K7A 2E6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Smiths Falls, ON
For a property listed at $499,999 in Smiths Falls, the legal minimum down payment is $25,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,475 for this transaction. As this listing is in Smiths Falls (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,475.
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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.
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