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Ashok ( Ash ) Patel

Broker
SAVE MAX ACHIEVERS REALTY, Brokerage Independently owned and operated. 170 Wilkinson Rd, Brampton, Ontario L6T 4Z5 Cell: 416.669.7892Office: 905-497-6701Fax: 905-497-6700

$649,000
Available - For Sale
Listing ID: X11968288
58-60 Victoria Ave , Smiths Falls, K7A 2P4, Ontario


**Turnkey 5-Unit Investment Property in Prime Smiths Falls Location**An excellent opportunity to own a **recently renovated five-unit income property** in the heart of Smiths Falls! Perfectly positioned **right in front of the train station**, this location offers unmatched convenience for tenants and strong rental demand.This property is projected to generate a **gross income of $59,465 and a net income of $45,600**, making it a **high-yield investment** with solid cash flow. Two of the five units are **vacant and ready for you to set your own rents**, maximizing your returns from day one.With modern updates already completed, this **turnkey investment** is ideal for investors looking for a **low-maintenance, income-generating property** in a growing market. Don't miss outcontact us today for more details or to book a showing!
Price $649,000
Taxes: $3000.00
Tax Type: Annual
Occupancy by: Tenant
Address: 58-60 Victoria Ave , Smiths Falls, K7A 2P4, Ontario
Postal Code: K7A 2P4
Province/State: Ontario
Lot Size: 60.00 x 132.00 (Feet)
Directions/Cross Streets: Cornelia St W to Victoria Ave
Category: Apartment
Use: Apts-2 To 5 Units
Building Percentage: Y
Total Area: 2288.00
Total Area Code:  Sq Ft
Insurance Expense: $2800
 Heat Expenses: $2600
 Hydro Expense:  $3885
Water Expense: $1580
Gross Income/Sales: $52057
Expenses Actual/Estimated: $Act
Heat Type: Gas Forced Air Open
Central Air Conditioning: N
Water: Municipal
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY GROUP
Personal Picture
Ashok ( Ash ) Patel
Broker
Dir:
416.669.7892
Bus:
905-497-6701
Fax:
905-497-6700
 
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At a Glance:
Type: Com - Investment
Area: Lanark
Municipality: Smiths Falls
Neighbourhood: 901 - Smiths Falls
Style:
Lot Size: 60.00 x 132.00(Feet)
Approximate Age:
Tax: $3,000
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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