$475,000
FOR SALE

Commercial/Retail

Lot: 39.65 x 60.7 ft
2025 Taxes: $7,310

18 Market St N
Smiths Falls, ON K7A 2E3 | 901 - Smiths Falls | Lanark

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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Listed By CENTURY 21 SYNERGY REALTY INC
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X12743276
Last Updated Feb 06, 2026
Property Summary
Property Type Commercial/Retail

More like this:
PIN 052770125
Legal Description PT 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
Possession Date Immediate
Taxes (2025) $7,310
Directions/Cross Streets Corner of Market Street North and William Street East
Neighbourhood 901 - Smiths Falls
Area Lanark
Price History

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Detailed Information
Freestanding Y
Lot 39.65 x 60.7 ft
Air Conditioning No
Basement Basement
Garage Type None
Parking Spaces 2
Heat Type Gas Forced Air Open

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