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$624,000
Available - For Sale
Listing ID: X11968288
**Turnkey 5-Unit Investment Property in Prime Smiths Falls Location**An excellent opportunity to own a **recently renovated five-unit income property** in the heart of Smiths Falls! Perfectly positioned **right in front of the train station**, this location offers unmatched convenience for tenants and strong rental demand.This property is projected to generate a **gross income of $59,465 and a net income of $45,600**, making it a **high-yield investment** with solid cash flow. One of the five units is **vacant and ready for you to set your own rent**, maximizing your returns from day one.With modern updates already completed, this **turnkey investment** is ideal for investors looking for a **low-maintenance, income-generating property** in a growing market. Don't miss outcontact us today for more details or to book a showing!
Price $624,000
Taxes: $3,000
Tax Type: Annual
Occupancy by: Tenant
Address: 58-60 Victoria Aven , Smith Falls, K7A 2P4, Lanark
Postal Code: K7A 2P4
Province/State: Lanark
Lot Size: 60 x 132 (Feet)
Directions/Cross Streets: Cornelia St W to Victoria Ave
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Apartment
Use: Apts - 2 To 5 Units
Building Percentage: T
Total Area: 2,288
Total Area Code:  Square Feet
Insurance Expense: $2800
Maintenance: 0
 Heat Expenses: $2600
 Hydro Expense:  $3885
Water Expense: $1580
Gross Income/Sales: $52057
Expenses Actual/Estimated: $Act
Heat Type: Gas Forced Air Open
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY GROUP

58-60 Victoria Aven , Smith Falls, K7A 2P4, Lanark


 
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At a Glance:
Type: Com - Investment
Area: Lanark
Municipality: Smith Falls
Neighbourhood: 901 - Smiths Falls
Style:
Lot Size: 60.00 x 132.00(Feet)
Approximate Age:
Tax: $3,000
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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