416-815-2390
, Smiths Falls, ON for Sale
Multi-Family - FOR SALE
1/4
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Smith Falls Portfolio
Smiths Falls, ON


HIGHLIGHTS

  • Newly constructed buildings offering high-quality construction with contemporary finishes and minimal near-term capital requirements.
  • Premium tenant features.
  • Quiet residential setting just steps from the Rideau Canal.
  • Easy walkability to downtown Smiths Falls and proximity to major employers, schools, retail, and parks.
  • Individually metered for hydro, heat, and water, significantly reducing landlord utility costs and enhancing cash flow and net operating income.

OVERVIEW

This offering presents investors with the rare opportunity to acquire 7 Maple Avenue and 161 Beckwith Street, two newly constructed multi-residential properties in Smiths Falls, Ontario, comprising a total of 49 residential suites and 2 ground-floor retail units. Offered as part of a court-ordered receivership sale, the properties provide a unique opportunity to acquire high-quality, modern assets with immediate cash flow and significant lease-up potential in a growing rental market. 161 Beckwith Street consists of 16 residential suites and is fully leased, offering stable in-place income. The property is located just steps from downtown Smiths Falls, providing residents with convenient access to shops, restaurants, parks, and major employers including Hershey Chocolate and the Perth & Smiths Falls District Hospital. 7 Maple Avenue features 33 residential suites and 2 ground-floor retail units, and is currently being actively marketed for lease. Located just off Main Street, the property benefits from a walkable, amenity-rich environment in one of the town’s most vibrant areas. The ground-floor retail component enhances income diversity and contributes to the property’s mixed-use appeal. Both buildings offer contemporary finishes throughout, including vinyl plank flooring, stone countertops, stainless steel appliances, and in-suite laundry, as well as secured access and modern common areas. With strong rental demand, limited new supply in the area, and the value opportunity presented by a receivership sale, this offering is ideal for investors seeking high-quality, income-generating assets with long-term upside in one of Ontario’s emerging secondary markets.

ASK ABOUT THIS PROPERTY

416-815-2390

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416-815-2390

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.