24 Unit Apartment building with commercial for sale only $649K, 21000+ sf, fire retrofitted, new roo
am 07.11.2005 02:50:34 von apt building for salePhotos at Price: $649,900.
Excellent double digit rate of net return. Located in downtown Smiths
Falls, Ontario, Canada. 45 mins drive to Ottawa, 30 mins to Kanata.
Smiths Falls is the chocolate capital of East Canada and a popular
tourist destination.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 additional
commercial space, 1 office and 8 single residential units (share
bathrooms), 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. Advanced alarm system thoughout the
building. Well known building in the area for its architect beauty. For
photos and contact info go to
and/or Email: fwintrust @ yahoo.com (delete the space when email)