117 Brockville Street
901 - Smiths Falls, Smith Falls, K7A 3Y7
For Sale
5.90 BTC

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6
BEDROOMS4
BATHROOMS4
KITCHENS12
ROOMSX11946434
MLSIDContact Us
Property Description
Rarely offered, very well maintained fourplex with just under 8% cap rate in area with low vacancy, growing population in Ottawa bedroom community/ historical town located on the RIDEAU CANAL. Building situated on massive 60' x 120' lot in sought after location with ample parking at back of building. Ground floor with recently updated 2 x 2 bedroom units, upper floor is 2 x 1 bedroom apartments. FURNACES(2013, 2022), ROOF(2022), SOFFITS AND FASCIA(2013), ALL WINDOWS(2014), CHIMNEY CAPPED(2021), SEWAGE LINE REPLACEMENT(coordinated with municipality in 2022), COMPLETE PLUMBING UPDATE WITH ABS AND COPPER, ELECTRICAL(2008), GARAGE DOOR(2023), 4 hot water tanks(all owned, 4 hydro meters. The numbers are $55884 for 2025 Gross Rent. Cashflow(after taxes, utilities, insurance) is $46375(based on 2024 costs) offering a 7.73% cap rate. A solid investment for the savvy investor.
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Property Features
Water Heater, Separate Hydro Meter, Other, Private
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Property Details
Property Type
Fourplex
Lot Size
60' x 120'
Taxes
$4,444 (2024)
Basement
Full, Unfinished
Exterior
Landscaped
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
5
Garage Type
Attached
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Listing contracted with Sutton Group - Ottawa Realty
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