For Sale

70-72 Victoria Avenue, Smiths Falls, Ontario K7A 2P5

$539,999

70-72 Victoria Avenue, Smiths Falls, Ontario K7A 2P5 is For Sale and has a listing price of 539,999. The property is located in the Smiths Falls neighbourhood . It's been on the website for 45 Days.

  • Fourplex
    Property Type
  • 8
    Bedrooms
  • 4
    Bathrooms
  • MLS ID: X12438345
  • Office Name EXP REALTY
Property Description

Excellent investment opportunity in the heart of Smiths Falls! This well-maintained brick 4-plex is situated on a corner lot just steps from downtown amenities and the scenic Rideau Canal, a UNESCO World Heritage Site. Offering four 2-bedroom units with tenants already in place, this property is a true turnkey cash-flow generator. Currently bringing in $35,377 annually, tenants pay their own hydro while the owner covers gas heating (forced air).The building features updates, including roof (2021), furnaces (2021) and recent front windows and back door replacement for Unit 72 and new front windows for the lower unit 70. Hot water tanks are owned, and each unit has its own hydro meter. Upper units enjoy private balconies, while the main level units feature decks and shared access to the spacious yard. Parking is plentiful with a laneway at the back of the building. Smiths Falls offers a charming, small-town atmosphere with attractions like Victoria Park, the Heritage House Museum, and the Railway Museum of Eastern Ontario. Residents enjoy local shops, restaurants, green spaces, and trails, all while being within easy reach of Ottawa and Kingston. A solid brick build, strong rental history, and a prime location make this property a reliable income producer for any investor. Opportunities like this don’t last long, secure your piece of Smiths Falls today!

Property Details
  • Bedrooms: 8
  • MLS ID: X12438345
  • Bathrooms: 4
  • Price: $539,999
  • Lot Depth: 78
  • Transaction Types: For Sale
  • Ref ID: X12438345
  • Year Built: N/A
  • Approx Sqft: < 700
  • Dir / Cross St: Victoria Ave/Foster Ave
  • Status: Active
  • Tax Year: 2025
  • Property Type: Fourplex
  • Property Type: All Houses
  • Property Sub Category: Fourplex
Price History
List Date MLS ID List Price Status End Date Closed Price
10/01/2025 X12438345 $539,999 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Smiths Falls
  • $541,480 Average List Price
    based on 1 year
  • 51 New Listings
    based on 30 days
  • 51 Median Days on Market
    based on 1 year
  • List vs. Selling Price 43.7 % Up
  • Sold (12mo) 172
  • Rented (12mo) 44

  • 1 Month Change -14.1%
  • 3 Month Change -12.1%
  • 6 Month Change -2.4%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 4
  • Garage Type Y
  • Parking Spaces: N/A
  • Exterior Brick
  • Kitchen 4
  • Washrooms Type 1 # Pcs: 3
  • Taxes: $4,062
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: tbd
  • Listing Entry Date: 01/10/2025 19:59:12
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