18 Market Street
Smiths Falls, ON
- 2,200 sqft
- Commercial Retail
- 217 days on market
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.
Listing Details
- Taxes (2025)
- $7,310
- Listed
- January 30, 2026
Price History
Listing history
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Property
- Age
- 100+
- Lot Size
- 39.65 x 60.7 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Corner of Market Street North and William Street East
- Zoning
- Commercial/Residential
- Parcel Number
- 052770125
- Possession
- Immediate
- Occupancy
- Tenant
Property Insights
AI-generated from listing photos. Not professional advice.
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
- $380,000
- Homes sold
- 158
- Median days on market
- 41
- Sale-to-list price
- 96.6%
Based on 158 recorded sales of commercial properties in Smiths Falls over the last 12 months.
Listed by
CENTURY 21 SYNERGY REALTY INC
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 2,200 sq ft
- Price per sq ft
- $215.91
- Annual property tax
- $7,310
- Tax per sq ft
- $3.32
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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