$14,590,000
Available - For Sale
Listing ID: X12123560


Remarkable Investment Opportunity in Ontario. We are pleased to present an exceptional commercial listing featuring a well-maintained 33-unit apartment building, complemented by an impressive 6,000 square feet of prime retail space. This unique property offers investors a rare chance to own a diversified income-generating asset in a thriving neighborhood.With a cap rate exceeding 5.25%, this property highlights upside in returns and robust cash flow. The apartment units 65%+ leased with strong demand, ensuring a stable residential income stream. The strategically located retail space enhances versatility and provides additional revenue potential, making it an attractive asset for both experienced investors and newcomers. Situated in an area with increasing demand for housing and retail services, this property stands out as a high-value investment. Key amenities, including public transportation, schools, and shopping centers, are within close proximity to attract qualified tenants.
Price $14,590,000
Taxes: $15453.34
Tax Type: Annual
Assessment Year: 2025
Occupancy: Tenant
Province/State: Lanark
Directions/Cross Streets: Maple Ave and William St.
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Apartment
Building Percentage: T
Total Area: 26199.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 24 Hour
 Management Expense: 27000
Vacancy Allowance: 3
Net Income Before Debt: $766000
Expenses Actual/Estimated: $Est
Sprinklers: Yes
Washrooms: 0
Heat Type: Other
Central Air Conditioning: Partial
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CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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This calculator 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.
MARCUS & MILLICHAP REAL ESTATE INVESTMENT SERVICES CANADA IN
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Zannatal Ferdoush
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At a Glance:
Type: Com - Investment
Area: Lanark
Municipality: Smith Falls
Neighbourhood: 901 - Smiths Falls
Style:
Lot Size: x 211.77(Feet)
Approximate Age:
Tax: $15,453.34
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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