For Sale: 66 Queen Street, Smiths Falls, ON - REW
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$1,200,000
0 bd • 6 ba • sf • Multifamily
66 Queen Street
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$1,200,000
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66 Queen StreetSmiths Falls, ON, K7A 3N2

  • 0 Bed
  • 6 Bath
  • Sqft
  • Multifamily

About this home

This fully tenanted 6-unit apartment building sits on a generously sized lot, backing directly onto the UNESCO World Heritage Site, the Rideau Canal-offering access to scenic walking trails and outdoor recreation. Located in a quiet, residential neighbourhood known for its charm and upscale character, the property is just two blocks from the main business district and all amenities in the revitalized downtown core. The building offers beautiful canal views, specifically from the second-floor balcony, and attracts quality tenants due to its desirable surroundings. All tenants pay their own heat and hydro, with gas heating in place. Ample parking is available, with space for approximately two vehicles per unit. Current rental income is as follows: Unit 1: $871, Unit 2: $847, Unit 3: $1,896, Unit 4: $1,090, Unit 5: $1,800, Unit 6: $1,800. With strong existing cash flow and significant upside potential to increase rents, this property presents an excellent opportunity for investors seeking long-term growth and reliable returns. Two 3-bed units & four 2 bed units, New Roof April/2022, Cash Cow. Please, contact Brad Closs for more information or to arrange a viewing. (id:63626)
Listed by: Brad Closs, Broker, RE/MAX HALLMARK REALTY GROUP

Home facts and features

Price details
List Price
$1,200,000
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Gross Taxes for 2026
$8,904
Home facts
Bedrooms
0
Full Bathrooms
6
Property Type
Multifamily
Lot Size
105 ft x 0 ft (13068 ft²)
Depth
Frontage
105.0 feet
Heating Type
Hot water radiator heat, Natural gas
Appliances
Dryer, Washer, Water Heater
Agent details
Primary Agent
Primary Broker
RE/MAX HALLMARK REALTY GROUP
Listing details
Days on REW
51 Days
Property Views
20
MLS® Number
X13000028
Source
Canadian Real Estate Association
Board
Ottawa Real Estate Board
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25 Years
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3.99%

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Property Insights

Duncan J Schoular Public School
  • Public
  • JK - 8
St James the Greater School
  • Catholic
  • JK - 3
St Francis de Sales School
  • Catholic
  • 4 - 8
Chimo Elementary School
  • Public
  • JK - 8
St. Luke Catholic School
  • Catholic
  • 7 - 12
Smiths Falls District Collegiate Institute
  • Public
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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      Call Agent
      Broker
      Brad Closs
      Phone:
      (613) 200-1000
      Office:
      613-236-5959
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