7,9,11,13,15 RUSSELL STREET

Smiths Falls, Ontario K7A1E7



Are you an investor looking for a turn key opportunity? Check out this combination 6 apartments plus 5 commercial units. 6 Apartments were completely gutted to exterior walls, new sub floor, fully insulated, electrical, plumbing as per code, modern kitchen cabinets, quartz countertops, commercial grade vinyl flooring throughout, fridge, stove, dishwasher, microwave- rangehood 2018, all apartments are on high efficiency heat pumps with ebb backup and tenants pay hydro. Unit 13 and 15 HVAC 2018. Seller has not lost any rent due to COVID. 4 of the 5 commercial units are fully tenanted. Total revenue $220,068.00 (this includes projected rent for unit 15 of $6K), Total expenses $38,991.38 with a net operating income of $181,076.62. Showings upon a successful agreement of purchase and sale only, please do not approach the tenants. (id:25961)

Listed on: September 04, 2021

On market: 89 days
Bathroom Total 0
Half Bathrooms Total 0
Cooling Type Unknown
Heating Fuel Natural gas
Stories Total 2
Add CMHC fee.
Purchase Price
Down Payment or Equity
Amount of Mortgage
system will calculate
Current Interest Rate
Amortization Period
Payment Schedule
Monthly Payment (principal & interest)
system will calculate
Request a Showing
By providing your phone number, you are giving explicit consent for us to contact you by phone even if you are listed on the National DNCL

John Spagnoli

Sales Representative


Royal LePage Team Realty

484 Hazeldean Road,

Kanata, ON K2L 1V4

Office: 613-725-1171

Toll Free: 1-800-307-1545


Royal LePage Team Realty

The trade marks displayed on this site, including CREA®, MLS®, Multiple Listing Service®, and the associated logos and design marks are owned by the Canadian Real Estate Association. REALTOR® is a trade mark of REALTOR® Canada Inc., a corporation owned by Canadian Real Estate Association and the National Association of REALTORS®. Other trade marks may be owned by real estate boards and other third parties. Nothing contained on this site gives any user the right or license to use any trade mark displayed on this site without the express permission of the owner.


powered by WEBKITS