Are you looking for a fantastic opportunity to invest in the booming Town of Smiths Falls and the great rental market? This rare triplex is an excellent opportunity and within walking distance to Downtown, Victoria Park and Settler’s Ridge Mall. This immaculate triplex offers brick construction with 3 hydro meters and 3 parking spots. 40- year shingles were replaced in 2018. Please provide 48 hours notice for the Landlord to post legal notices.

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Directions: Heading SE on Highway 15 towards the train station in Smiths Falls, turn right onto Cornelia St then turn left onto Elmsley Street. Make a slight right onto Beckwith Street then continue straight onto Brockville Street. Address will be on the right, 100 Brockville Street.

LOT SIZE: 60.01′ x 68′

ASSESSMENT ROLL#: 090401001001000000

LEGAL DESCRIPTION: PT LT 91 W/S BROCKVILLE ST BLK F PL 13884 LANARK S SOUTH ELMSLEY AS IN RS102952 ; TOWN OF SMITHS FALLS

PROPERTY TAXES: $1800 (2020)

ZONING: Residential

AGE: Unknown

WATER: Municipal / Sewer Connected

STYLE: Multi-Family / Tri-Plex

FOUNDATION: Stone

EXTERIOR: Brick / Vinyl

HEAT: Forced Air / Natural Gas

AIR CONDITIONING:  N/A

INCLUSIONS: 

  • Stove (3)
  • Fridge (3)
  • Washer (2)
  • Dryer (2)
  • Hot water Tank

EXCLUSIONS: 

  • N/A

 

APPROXIMATE COSTS:

Taxes – $1800 (2020)

Heat –  $1900 (2020)

Hydro – $3400 (2020)

Water/Sewage – $780

Insurance – $1000

 

MONTHLY INCOME:

1 Bed Unit – $825/month

2 Bed Unit – $825/month

4 Bed Unit – $956/month

 

UPGRADES/UPDATES:

  • 3 Hydro meters
  • 3 Units
  • Shingles replaced in 2018
  • Newer windows

 

**No conveyance of any written signed offers prior to 5pm on April 27th, 2021.**

THE INFORMATION CONTAINED HEREIN IS BELIEVED TO BE ACCURATE BUT IS NOT WARRANTED.