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$525,000
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 **within walking distance of the VIA RAIL 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.
Price $525,000
Taxes: $3,000
Tax Type: Annual
Occupancy by: Tenant
Address: 58-60 Victoria Avenue , Smiths 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
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Washroom 16 0
Washroom 17 0
Washroom 18 0
Washroom 19 0
Washroom 20 0
Washroom 21 0
Washroom 22 0
Washroom 23 0
Washroom 24 0
Washroom 25 0
Washroom 26 0
Washroom 27 0
Washroom 28 0
Washroom 29 0
Washroom 30 0
Washroom 31 0
Washroom 32 0
Washroom 33 0
Washroom 34 0
Washroom 35 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: %
Percent Down:
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
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 Avenue , Smiths Falls, K7A 2P4, Lanark


 
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At a Glance:
Type: Com - Investment
Area: Lanark
Municipality: Smiths 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
Air Conditioning:
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854

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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com



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