66 QUEEN STREET

Smiths Falls, , K7A3N2, Canada

$1,200,000

This fully tenanted 6-unit apartment building sits on a generously sized lot, backing directly onto the UNESCO World Heritage Site, the Rideau Canal-offering access to scenic walking trails and outdoor recreation. Located in a quiet, residential neighbourhood known for its charm and upscale character, the property is just two blocks from the main business district and all amenities in the revitalized downtown core. The building offers beautiful canal views, specifically from the second-floor balcony, and attracts quality tenants due to its desirable surroundings. All tenants pay their own heat and hydro, with gas heating in place. Ample parking is available, with space for approximately two vehicles per unit. Current rental income is as follows: Unit 1: $871, Unit 2: $847, Unit 3: $1,896, Unit 4: $1,090, Unit 5: $1,800, Unit 6: $1,800. With strong existing cash flow and significant upside potential to increase rents, this property presents an excellent opportunity for investors seeking long-term growth and reliable returns. Two 3-bed units & four 2 bed units, cash cow. Please, contact Brad Closs for more information or to arrange a viewing.

EXTRAS: Washer, Dryer, Water Heater

Last updated on : Wednesday 15th of April 2026 03:01:00 PM

ADDRESS

Street : 66 QUEEN STREET

City : Smiths Falls

Country : Canada

Postal Code : K7A3N2

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PROPERTY SUMMARY

Property ID : X13000028

Building Type : Multi-Family

Property Type : Multi-family

Bathrooms : 6

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