27A, 27B, 29A, 29B - 2729 Market Street N 27A 27B 29A 29B

Introducing a remarkable investment opportunity, this Multi-Family Home for sale in Smiths Falls is located at 2729 Market Street N 27A 27B 29A 29B, Smiths Falls. This residential property features four self-contained units, making it an ideal choice for those looking to expand their property portfolio or generate rental income. With a total of eight bedrooms and four bathrooms, this multiplex is designed to accommodate multiple families comfortably.

Situated in the vibrant community of 901 - Smiths Falls, the property is just a stone's throw from the downtown core, ensuring easy access to a variety of amenities including shopping centres, a hospital, and a community centre. The strategic location enhances the appeal of this Multi-Family Home for sale in Smiths Falls, making it a highly sought-after residence for tenants.

The building, constructed over 100 years ago, boasts a two-storey design with a durable vinyl siding exterior. The property sits on a lot measuring 59 X 64 feet, providing ample outdoor space for tenants to enjoy. Although there is no pool on the premises, the backyard is a usable area perfect for barbecues and outdoor gatherings. Additionally, the detached garage offers one parking space and is currently utilised by the seller, but it holds potential for rental income as well.

Inside, the property comprises a total of 16 rooms, including four kitchens, each equipped with essential appliances such as a fridge and stove, which are included in the sale. It is worth noting that the units are unfurnished, allowing new owners the flexibility to furnish them according to their preferences. Each unit features separate heating controls, ensuring comfort for all residents. Unit 27B is equipped with its own gas furnace, while the furnace for 27A is located in the basement. Units 29A and 29B share a basement furnace, with individual controls for each unit, providing efficient heating throughout the property.

While the property does not include laundry facilities within the units, there are two laundromats conveniently located nearby, making it easy for tenants to manage their laundry needs. The absence of a family room and central vacuum system may be noted, but the property compensates with its spacious layout and well-designed living areas.

In terms of utilities, the Multi-Family Home for sale in Smiths Falls is connected to municipal water and sewer services, ensuring reliable access to essential amenities. The heating system is forced air, with hot water tanks owned by the seller—gas in unit 29 and electric in unit 27—both of which are approximately 4-5 years old. The property is equipped with window air conditioning units, providing a comfortable living environment during warmer months.

The exterior of the property has seen recent improvements, including a new metal roof installed in July 2025 and updated windows, enhancing both energy efficiency and aesthetic appeal. The seller has also arranged for lawn maintenance, ensuring the outdoor space remains tidy and inviting.

For those seeking a promising investment, this Multi-Family Home for sale in Smiths Falls at 2729 Market Street N 27A 27B 29A 29B, Smiths Falls, is a prime opportunity. With its strategic location, multiple self-contained units, and potential for rental income, it is a property that is ready for new owners to take over and start earning income immediately. Don’t miss out on this chance to invest in a well-located, multi-unit residential property in the heart of Smiths Falls.

The 901 area of Smiths Falls is a charming and picturesque neighbourhood that embodies the quintessential small-town Canadian experience. Nestled along the banks of the Rideau Canal, this community boasts a blend of historic architecture and modern amenities, creating a welcoming atmosphere for residents. With its lush parks, scenic walking trails, and proximity to local shops and cafes, 901 offers a tranquil lifestyle while still being conveniently close to the vibrant heart of Smiths Falls. The friendly, tight-knit environment fosters a sense of belonging, making it an ideal place for families and individuals alike to call home. Whether you're enjoying a leisurely stroll by the water or participating in community events, 901 is a delightful locale that captures the essence of comfortable living.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Duncan J. Schoular Public School, situated just 0.2 km away, offering both English and French programs for grades JK to 8, although it has a lower school rating of 0.6. For secondary education, Smiths Falls District Collegiate Institute is 2.2 km away and provides grades 9 to 12 with a commendable school rating of 3.9. Additionally, another Duncan J. Schoular Public School location offers a French program, also rated at 0.6. Families seeking a Catholic education will find St. Francis de Sales Catholic School, located 1.6 km from the property, providing French instruction for grades JK to 6 and boasting a high rating of 4.7. With a mix of public and Catholic schools nearby, parents have a variety of educational options for their children, ensuring a supportive learning environment within a short distance from home.