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Smith Falls Portfolio 2 Multifamily Properties in Smiths Falls, ON
Investment Highlights
- Newly constructed buildings offering high-quality construction with contemporary finishes and minimal near-term capital requirements.
- Quiet residential setting just steps from the Rideau Canal.
- Individually metered for hydro, heat, and water, significantly reducing landlord utility costs and enhancing cash flow and net operating income.
- Premium tenant features.
- Easy walkability to downtown Smiths Falls and proximity to major employers, schools, retail, and parks.
Executive Summary
This offering presents investors with the rare opportunity to acquire 7 Maple Avenue and 161 Beckwith Street, two newly constructed multi-residential properties in Smiths Falls, Ontario, comprising a total of 49 residential suites and 2 ground-floor retail units. Offered as part of a court-ordered receivership sale, the properties provide a unique opportunity to acquire high-quality, modern assets with immediate cash flow and significant lease-up potential in a growing rental market.
161 Beckwith Street consists of 16 residential suites and is fully leased, offering stable in-place income. The property is located just steps from downtown Smiths Falls, providing residents with convenient access to shops, restaurants, parks, and major employers including Hershey Chocolate and the Perth & Smiths Falls District Hospital.
7 Maple Avenue features 33 residential suites and 2 ground-floor retail units, and is currently being actively marketed for lease. Located just off Main Street, the property benefits from a walkable, amenity-rich environment in one of the town’s most vibrant areas. The ground-floor retail component enhances income diversity and contributes to the property’s mixed-use appeal.
Both buildings offer contemporary finishes throughout, including vinyl plank flooring, stone countertops, stainless steel appliances, and in-suite laundry, as well as secured access and modern common areas. With strong rental demand, limited new supply in the area, and the value opportunity presented by a receivership sale, this offering is ideal for investors seeking high-quality, income-generating assets with long-term upside in one of Ontario’s emerging secondary markets.
161 Beckwith Street consists of 16 residential suites and is fully leased, offering stable in-place income. The property is located just steps from downtown Smiths Falls, providing residents with convenient access to shops, restaurants, parks, and major employers including Hershey Chocolate and the Perth & Smiths Falls District Hospital.
7 Maple Avenue features 33 residential suites and 2 ground-floor retail units, and is currently being actively marketed for lease. Located just off Main Street, the property benefits from a walkable, amenity-rich environment in one of the town’s most vibrant areas. The ground-floor retail component enhances income diversity and contributes to the property’s mixed-use appeal.
Both buildings offer contemporary finishes throughout, including vinyl plank flooring, stone countertops, stainless steel appliances, and in-suite laundry, as well as secured access and modern common areas. With strong rental demand, limited new supply in the area, and the value opportunity presented by a receivership sale, this offering is ideal for investors seeking high-quality, income-generating assets with long-term upside in one of Ontario’s emerging secondary markets.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 57,652 SF |
| Number of Properties | 2 | Total Land Area | 1.01 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 57,652 SF |
| Total Land Area | 1.01 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 7 Maple Av, Smiths Falls, ON K7A 1Z4 | Multifamily | 41,233 SF | 2024 | - |
| 161 Beckwith St N, Smiths Falls, ON K7A 2C7 | Multifamily | 16,419 SF | 2021 | - |
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