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$529,900
Available - For Sale
Listing ID: X12062353
1 Queen Stre , Smiths Falls, K7A 3N1, Lanark
TRIPLEX Welcome to 1 Queen Street! Discover this incredible investment opportunity in the ever-growing, family-friendly community of Smiths Falls. This Victorian triplex with a detached, double car garage, boasts three spacious units with excellent layouts and in-suite laundry for added convenience. The property includes: Two 2-bedroom units, currently rented at $1700/month and $1200/month. One 1-bedroom unit, currently rented at $1300/month. This property offers a 6.8% cap rate. The building features a private 4-car paved driveway and an outdoor area for tenant enjoyment with river views from each apartment. Located in a prime area with easy access to Ottawa, this triplex is within close proximity to schools, parks, trails, the river, and all the amenities Smiths Falls has to offer. Don't miss out on this exceptional opportunity. This beautiful building is one you would be proud to own.
Price $529,900
Taxes: $4,834
Assessment Year: 2024
Occupancy by: Tenant
Address: 1 Queen Stre , Smiths Falls, K7A 3N1, Lanark
Directions/Cross Streets: Thurber and Elmsley St
Rooms: 15
Bedrooms: 6
Bedrooms +: 0
Washrooms: 3
Family Room: F
Basement: Unfinished
No. of Pieces Level
Washroom 1:  4
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Property Type: Triplex
Style: 2-Storey
Exterior: Brick
Wood
Garage Type: Detached
Drive Parking Spaces: 5
Pool: None
Approximatly Square Footage: 2500-3000
Property Features: Park
School Bus Route
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Hydro: Y
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Amortization :  Years
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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.
RE/MAX AFFILIATES REALTY LTD.

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