7 Maple Avenue

Smiths Falls, ON

41,223 sqft • Investment • 387 days on market

For Sale Court-Approved Receivership Sale. A newly constructed four-storey mixed-use building featuring 33 modern residential suites and groundfloor commercial space, ideally located in the heart of downtown Smiths Falls. Situated on a 0.60-acre site at the southeast corner of Maple Avenue and William Street West, the property offers excellent visibility, walkability, and proximity to local amenities. The total gross floor area is approximately 41,223 sq. ft., with residential layouts ranging from efficient 403 sq. ft. bachelor units to spacious 780 sq. ft. two-bedroom suites. Each unit includes in-suite laundry, air-conditioning, and stainless-steel appliance package (fridge, electric range, dishwasher, and microwave). All the units are separately metered for hydro and water. Additional income streams include internet services and parking. Finishes feature luxury vinyl plank and ceramic tile flooring, delivering a modern and durable aesthetic. A planned second-floor patio will provide residents with private outdoor space in an urban setting. Parking is provided via 31 surface stalls and 19 indoor spaces, serving both residents and commercial tenants.

Listing Details

Taxes (2025): $132,722
Listed: July 29, 2025

Price History

Property

Lot Size: 165.72 x 210.24 Feet

Location & Legal

Cross Street: William St. W. & Beckwith St. N.
Zoning: C1
Possession: Immediate

Commercial

Business Type: Apts - Over 20 Units
Occupancy: Vacant

Community

Postal area K7A

Population: 17,575
Private dwellings: 7,814
Median age: 46.8
Average household size: 2.3
Median household income: $74,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Smiths Falls · last 12 months

Median sold price: $387,500
Homes sold: 160
Median days on market: 38
Sale-to-list price: 96.8%

Based on 160 recorded sales of commercial properties in Smiths Falls over the last 12 months.

Listed by

CBRE LIMITED