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Investment Highlights

  • Recent capital improvements, including updates to the roof, windows, and doors, together with no reported deferred maintenance

Executive Summary

Turnkey mixed-use asset with a 7.6% cap rate, delivering dependable commercial and residential cash flow. Situated along Beckwith Street North in the heart of downtown Smiths Falls, this fully tenanted investment offers stable, diversified income from both retail and residential tenancies. The property comprises approximately 3,176 sq. ft. of above-grade space, including ground-floor commercial space with basement access and a well-configured three-bedroom apartment above, all within a traditional main street building supported by flexible C1 zoning. Current gross annual income is approximately $55,200, generating a net operating income of approximately $38,338. Recent capital improvements, including updates to the roof, windows, and doors, together with no reported deferred maintenance, further enhance the appeal of this well-maintained downtown holding with long-term upside in a strengthening secondary market. --- The sale of the property does not include the business. --- ADDITIONAL DETAILS FOUND IN "MORE INFORMATION" LINK BELOW.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,176 SF
Building Class
B
Year Built
1952
Price
$500,000 CAD
Price Per SF
$157.43 CAD
Cap Rate
7.60%
NOI
$38,000 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.82
Lot Size
0.04 AC
Zoning
C1
Frontage
29’ on Beckwith Street North

Amenities

  • Signage
  • Signalized Intersection
Exceptionally walkable
90/100
Very drivable
80/100
Moderately bikeable
60/100

Nearby Major Retailers

Tim Hortons
TD Canada Trust
Royal Bank of Canada
CIBC
Stacked Pancake & Breakfast House
M&M Food Market
Independent Grocer
Scotiabank
Wild Wing
Starbucks
  • Listing ID: 41566572

  • Date on Market: 2026-08-05

  • Last Updated:

  • Address: 8 Beckwith St N, Smiths Falls, ON K7A 2B1

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