70-72 Victoria Ave

For Sale New 8 hours
$539,999
8 beds
4 baths

70-72 Victoria Ave

For Sale New 8 hours
$539,999
8 beds
4 baths

Highlights

Key insights

Description

Excellent investment opportunity in the heart of Smiths Falls! This well-maintained brick 4-plex is situated on a corner lot just steps from downtown amenities and the scenic Rideau Canal, a UNESCO World Heritage Site. Offering four 2-bedroom units with tenants already in place, this property is a true turnkey cash-flow generator. Currently grossing $41,143 annually, tenants pay their own hydro while the owner covers gas heating (forced air).The building features updates, including roof (2021), furnaces (2021) and recent front windows and back door replacement for Unit 72 and new front windows for the lower unit 70. Hot water tanks are owned, and each unit has its own hydro meter. Upper units enjoy private balconies, while the main level units feature decks and shared access to the spacious yard. Parking is plentiful with a laneway at the back of the building. Smiths Falls offers a charming, small-town atmosphere with attractions like Victoria Park, the Heritage House Museum, and the Railway Museum of Eastern Ontario. Residents enjoy local shops, restaurants, green spaces, and trails, all while being within easy reach of Ottawa and Kingston. A solid brick build, strong rental history, and a prime location make this property a reliable income producer for any investor. Opportunities like this don't last long, secure your piece of Smiths Falls today! (id:63267)

Anthony Donnelly of EXP REALTY,
#X12438345
updated 8 hours ago.
Houseful checked MLS® for data 8 hours ago.

Home overview

Amenities / Utilities
  • Heat source
    Natural gas
  • Heat type
    Forced air
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    2
Interior
  • # full baths
    4
  • # total bathrooms
    4.0
  • # of above grade bedrooms
    8
Location
  • Subdivision
    901 - smiths falls
  • Directions
    2240850
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12438345
  • Property sub type
    Multi-family
  • Status
    Active
Rooms Information metric
  • Kitchen
    3.35m X 4.26m
    Level: Lower
  • Living room
    3.65m X 3.96m
    Level: Lower
  • Bedroom
    3.35m X 4.26m
    Level: Lower
  • Bedroom
    3m X 4.26m
    Level: Lower
  • Bedroom
    3m X 3.35m
    Level: Upper
  • Kitchen
    3.5m X 4.11m
    Level: Upper
  • Bedroom
    3.2m X 2.7m
    Level: Upper
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28937035/70-72-victoria-avenue-smiths-falls-901-smiths-falls
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-1,440

/ Month
25 Years fixed, 20% down payment, % interest
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