Commercial Real Estate in Drummond/North Elmsley available for sale
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Multifamily Property for Sale near Drummond/North Elmsley

Drummond/North Elmsley Multifamily Property for Sale

More details for Smith Falls Portfolio – Multifamily for Sale, Smiths Falls, ON

Smith Falls Portfolio

  • Multifamily for Sale
  • 57,652 SF
  • 2 Multifamily Properties

Smiths Falls Portfolio of properties for Sale - Northeast Ontario

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.

Contact:

CBRE

Property Subtype:

Multi Family

Date on Market:

2025-07-29

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Apartment Buildings for Sale Within of Drummond/North Elmsley

More details for 18 Haggart St, Perth, ON - Multifamily for Sale

The Southview Apartments - 18 Haggart St

Perth, ON K7H 2Z4

  • Multifamily for Sale
  • $6,190,000 CAD
  • 30,000 SF
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More details for 98 N, Lanark, ON - Multifamily for Sale

98 N

Lanark, ON K0G 1K0

  • Multifamily for Sale
  • $500,000 CAD
  • 3,000 SF
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Multifamily Properties for Sale in Drummond/North Elmsley

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How many multifamily properties are available for sale in Drummond/North Elmsley?
There are currently 4 multifamily properties available for sale in Drummond/North Elmsley, offering a unique opportunity for businesses to establish a presence.
How big are the multifamily properties available for sale in Drummond/North Elmsley?
The average size of multifamily properties available for sale in Drummond/North Elmsley is about 37,076 SF. The largest multifamily properties available to buy is 57,652 SF and the smallest is 3,000 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.
What's the cap rate for multifamily properties in Drummond/North Elmsley?
The average market cap rate for multifamily properties for sale is about 6.00% based on data provided in Drummond/North Elmsley. Learn more about how cap rates are calculated.