17 LOMBARD STREET

Smiths Falls, , K7A4E8, Canada

$549,900

Cash-flowing investment property in the heart of Smiths Falls, just steps from the Rideau Canal. This well-maintained triplex offers strong, reliable income with a 5.49% cap rate and sits on a large corner lot with designated parking for each unit. Total annual income is $53,029.68 with expenses of $35,500.56, resulting in a healthy net income of $17,529.12. The building features three self-contained units, each offering two bedrooms and one full bathroom, along with shared laundry facilities in the basement, which has been spray foamed and the sewer lined replaced to ABS. Ideally positioned within walking distance to downtown Smiths Falls, schools, shopping, and everyday amenities, the consistent rental demand in Smiths Falls and a walkable location make this an attractive addition to any investment portfolio. Tenants can enjoy nearby Victoria and Centennial Parks, Turtle Island, and Murphy Park Public Beach, with easy access to festivals, skating, swimming, paddling, and year-round community events just steps from your front door. The downtown core is a short walk away, offering shops, restaurants, and scenic waterfront pathways. With a proven income stream, strong cap rate, ample parking, and an excellent lot size, this triplex represents a smart investment opportunity in a growing market.

EXTRAS: Refrigerator, Water meter, Intercom, Dishwasher, Stove, Hood Fan

Virtual Tour: https://listings.nextdoorphotos.com/17lombardstreet

Last updated on : Sunday 28th of December 2025 05:00:26 PM

ADDRESS

Street : 17 LOMBARD STREET

City : Smiths Falls

Country : Canada

Postal Code : K7A4E8

Open in Google Map

PROPERTY SUMMARY

Property ID : X12651152

Building Type : Triplex

Property Type : Multi-family

Bedrooms : 6

Bathrooms : 3 + 2

Parking : 5

Parking Type: No Garage

Similar Properties

Multi-family

210-212 THIRD STREET EAST EAST

Cornwall, Ontario, K6H2E2

$329,900

Beds: 6Baths: 2

property Type: Duplex

type: Sale

MICHAEL VANDER MEER
1 month ago

DETAILS

Multi-family

, ,

$1,190,000

Beds: 6Baths: 4

property Type: Fourplex

type: Sale

Moe McIlwain
4 months ago

DETAILS

Multi-family

158 ST ANDREW STREET

Ottawa, Ontario, K1N5G4

$949,988

Beds: 6Baths: 3

property Type: Triplex

type: Sale

Rocco Manfredi
3 weeks ago

DETAILS

Multi-family

54 WILLIAM STREET WEST WEST

Arnprior, Ontario, K7S1J9

$650,000

Beds: 6Baths: 2

property Type: Duplex

type: Sale

Paul Lavictoire
5 months ago

DETAILS

Multi-family

54 WILLIAM STREET WEST WEST

Arnprior, Ontario, K7S1J9

$650,000

Beds: 6Baths: 2

property Type: Duplex

type: Sale

Paul Lavictoire
4 months ago

DETAILS

Inquire about this property