ON > Smiths Falls > 901 - Smiths Falls
Smiths Falls, ON K7A 4E8,17 Lombard ST
Smiths Falls, ON K7A 4E8,17 Lombard ST
Smiths Falls, ON K7A 4E8,17 Lombard ST
Smiths Falls, ON K7A 4E8,17 Lombard ST
Smiths Falls, ON K7A 4E8,17 Lombard ST
Smiths Falls, ON K7A 4E8,17 Lombard ST
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Sana Jawaid

Sana Jawaid

+1(437) 669-2736
$ 549,900
Est. payment | /mo

6 Beds

3 Baths

Save Virtual Tour
$ 549,900
Est. payment | /mo
Save Virtual Tour

6 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3000-3500

Subdivision 901 - Smiths Falls

MLS Listing ID X12651152

Style 2-Storey

Bedrooms 6

Annual Tax Amount $4,593

Tax Year 2025

Property Sub-Type Triplex

Property Description

Cash-flowing investment property in the heart of Smiths Falls, just steps from the Rideau Canal. This well-maintained triplex offers strong, reliable income with a 5.49% cap rate and sits on a large corner lot with designated parking for each unit. Total annual income is $53,029.68 with expenses of $35,500.56, resulting in a healthy net income of $17,529.12. The building features three self-contained units, each offering two bedrooms and one full bathroom, along with shared laundry facilities in the basement, which has been spray foamed and the sewer lined replaced to ABS. Ideally positioned within walking distance to downtown Smiths Falls, schools, shopping, and everyday amenities, the consistent rental demand in Smiths Falls and a walkable location make this an attractive addition to any investment portfolio. Tenants can enjoy nearby Victoria and Centennial Parks, Turtle Island, and Murphy Park Public Beach, with easy access to festivals, skating, swimming, paddling, and year-round community events just steps from your front door. The downtown core is a short walk away, offering shops, restaurants, and scenic waterfront pathways. With a proven income stream, strong cap rate, ample parking, and an excellent lot size, this triplex represents a smart investment opportunity in a growing market.

Location

State ON

County Lanark

Area Lanark

Rooms

Family Room Yes

Basement Unfinished

Kitchen 3

Interior

Interior Features Primary Bedroom - Main Floor, In-Law Suite, Intercom, Water Meter, Storage

Cooling Other

Fireplace No

Heat Source Electric

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 58.8

Lot Depth 116.73

Total Parking Spaces 5

Building

Foundation Stone

Others

ParcelsYN No

Virtual Tour https://u.listvt.com/mls/220537316

Listed by CENTURY 21 SYNERGY REALTY INC.
Sana Jawaid

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(437) 669-2736

sana.jawaid07@gmail.com

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17 Lombard ST