Header

 

logo

header

$14,590,000
Available - For Sale
Listing ID: X12123560
Remarkable Investment Opportunity in Ontario. We are pleased to present an exceptional commercial listing featuring a well-maintained 33-unit apartment building, complemented by an impressive 6,000 square feet of prime retail space. This unique property offers investors a rare chance to own a diversified income-generating asset in a thriving neighborhood.With a cap rate exceeding 5.25%, this property highlights upside in returns and robust cash flow. The apartment units 65%+ leased with strong demand, ensuring a stable residential income stream. The strategically located retail space enhances versatility and provides additional revenue potential, making it an attractive asset for both experienced investors and newcomers. Situated in an area with increasing demand for housing and retail services, this property stands out as a high-value investment. Key amenities, including public transportation, schools, and shopping centers, are within close proximity to attract qualified tenants.
Price $14,590,000
Taxes: $15,453.34
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Province/State: Lanark
Directions/Cross Streets: Maple Ave and William St.
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Apartment
Building Percentage: T
Total Area: 26,199
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 24 Hour
 Management Expense: 27000
Maintenance: 0
Vacancy Allowance: 3
Net Income Before Debt: $766000
Expenses Actual/Estimated: $Est
Sprinklers: Yes
Heat Type: Other
Central Air Conditioning: Partial
First Name: *
Last Name: *
Phone: *
Email: *
Showing Date:
Showing Time:
I Am Thinking of Moving
 
First Name: *
Last Name: *
Phone: *
Email: *

Message:

From:

Name:
Email:

To:

Name:
Email:

Comment:

 

Down payment: $  
Interest Rate: %  
Amortization :  Years
Payment Frequency:
Your Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA IN

 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Com - Investment
Area: Lanark
Municipality: Smith Falls
Neighbourhood: 901 - Smiths Falls
Style:
Lot Size: x 211.77(Feet)
Approximate Age:
Tax: $15,453.34
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Payment Calculator:
Price:
Down Payment: %
Rate: %
Amortization:  Years
Frequency
Calculate
Down Payment:
Mortgage Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Listing info
Description
General Details
Property Detail
Financial Info
Utilities and more
Get More Info:
Book Showing
Request More Info
Email Friend
Photos and movies:
View Slide Show
View All Photos
Calculator:
Affordability Chart
Mortgage Calculator
More To Do:
Print This Page

Listing added to compare list, click here  to view comparison chart.
!-- start of askavenue script -->