Commercial building, 21000+ sf, 45 mins to Ottawa, $699K, excellent return, extensively upgraded.
am 12.09.2005 05:10:33 von nortelsalePrice: $699,900. Excellent double digit rate of net return. Located in
downtown Smiths Falls, Ontario. 45 mins drive to Ottawa, 30 mins to
Kanata, 1 hour to Kingston. Walk to all amenities and businesses. Over
21,000 square foot interior space. Currently 13 apartments (own
kitchen, bathrm), one large commercial tenant (bar & grill), one small
commercial space, 1 office and 8 single residential bachelor units,
and numerous storage rooms. Always well rented. Excellent return.
Masonary structure. Huge improvements in last two years inclusing new
roof ($30K) in Dec 2003. Building was completely fire retrofitted in
2005 (over $80K). High ceiling between the floors, large room windows,
wide stairs, mosaic windows, beautiful antique modelings. Full size
full height basement. Prime Minister of Canada used to come to the
building for business and pleasure.For photos and contact info go to
or
Email:mwintrust at yahoo.ca