$475,000
Available - For Sale
Listing ID: X12492486
43 BECKWITH Street , Smiths Falls, K7A 2B4, Lanark
| Prime mixed-use income property in the heart of downtown Smiths Falls on the newly revitalized Beckwith Street! Featuring a fully leased 900 sq ft street-level commercial unit (bringing in $1,700 + HST per month, with rent increasing by $50 annually until 2029) and two vacant residential suites above and behind: A bright 1-bedroom apartment (previously rented for $1,650/month) and a private bachelor with separate entrance. Opportunity to chose your tenants and set price yourself. Recent upgrades include a new roof membrane with 3" insulation (2025, $30K), two new hot water tanks (2024), and natural gas forced-air heating. Ideal setup for investors or owner-occupiers seeking steady rental income.Projected gross income over $54,000 annually with a strong 9% cap rate and potential to increase. Municipal water & sewer, both street and read parking and amazing visibility on a beautiful upscale street. A rare opportunity to own a solid cash flowing property with strong value-add potential in the heart of downtown Smiths Falls. |
| Price | $475,000 |
| Taxes: | $3392.54 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 43 BECKWITH Street , Smiths Falls, K7A 2B4, Lanark |
| Postal Code: | K7A 2B4 |
| Province/State: | Lanark |
| Directions/Cross Streets: | Enter Smiths Falls to Beckwith Street. Property at number 43 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 | |
| Washroom Type 21 | 0 | |
| Washroom Type 22 | 0 | |
| Washroom Type 23 | 0 | |
| Washroom Type 24 | 0 | |
| Washroom Type 25 | 0 | |
| Washroom Type 26 | 0 | |
| Washroom Type 27 | 0 | |
| Washroom Type 28 | 0 | |
| Washroom Type 29 | 0 | |
| Washroom Type 30 | 0 | |
| Washroom Type 31 | 0 | |
| Washroom Type 32 | 0 | |
| Washroom Type 33 | 0 | |
| Washroom Type 34 | 0 | |
| Washroom Type 35 | 0 | |
| Washroom Type 36 | 0 | |
| Washroom Type 37 | 0 | |
| Washroom Type 38 | 0 | |
| Washroom Type 39 | 0 | |
| Washroom Type 40 | 0 | |
| Washroom Type 41 | 0 | |
| Washroom Type 42 | 0 | |
| Washroom Type 43 | 0 | |
| Washroom Type 44 | 0 | |
| Washroom Type 45 | 0 |
| Category: | Retail |
| Building Percentage: | F |
| Total Area: | 1800.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 0 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Financial Statement: | F |
| Water Expense: | $600 |
| Net Income Before Debt: | $31207 |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | No |
$
%
Years
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Lanark |
| Municipality: | Smiths Falls |
| Neighbourhood: | 901 - Smiths Falls |
| Tax: | $3,392.54 |
| Fireplace: | N |
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