18 Market Street N, Smiths Falls, ON K7A 2E3
901 - Smiths Falls, Smiths Falls · Near Corner of Market Street North and William Street East · View map
About this home
5 PLEX BUILDING FOR SALE (NOT THE BUSINESS) 1-commercial unit and 4-apartment units. Excellent Mixed-Use (fully rented) Investment Opportunity in the Heart of Smiths Falls. Welcome to a solid, income-generating mixed-use commercial building ideally located in the heart of Smiths Falls. This well-positioned property offers a diverse tenant mix with one commercial unit and four residential apartments, making it an excellent opportunity for investors seeking stable cash flow and future upside.The ground-floor commercial unit is approximately 1,000 sq. ft. and is currently rented at $785/month, offering strong street presence and visibility. The residential component includes four units: a ground-floor bachelor apartment renting for $540/month, a one-bedroom unit on the second floor renting for $895/month, and two spacious two-bedroom units on the second floor, each renting for $895/month. All rents are currently inclusive, providing ease of management. However, the building is equipped with five separate hydro meters, allowing a future owner the opportunity to transition utilities to tenant responsibility for improved operating efficiency and increased net income. The property features a combination of gas forced-air heating and electric baseboard heating, offering flexibility and redundancy. With its central location close to shops, services, and amenities, this property is well-positioned for long-term tenant demand. Whether you're looking to expand your investment portfolio or secure a mixed-use asset in a growing community, this Smiths Falls property offers strong income, flexibility, and upside potential.
The home
- Type
- Commercial retail
- Square footage
- 2200 sq ft
- Lot size
- 40 x 60 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $7,310/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Immediate
- Cross street
- Corner of Market Street North and William Street East
- Neighbourhood
- 901 - Smiths Falls
More
- MLS® number
- X13521820
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
18 Market Street, Smiths Falls, ON K7A 2E3
901 - Smiths Falls, Smiths Falls · Near Corner of Market Street North and William Street East
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Listing history for 18 Market Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 18 Market Street N
Answers come straight from this home’s MLS® listing.
How much is 18 Market Street N listed for, and what would it cost each month?
18 Market Street N is listed for $449,000. With 20% down ($89,800), the mortgage payment would be roughly $1,811 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,420 a month, all in. That figure is an illustration, not a quote.
Is 18 Market Street N freehold or a condo, and is there a monthly fee?
18 Market Street N is a commercial retail in 901 - Smiths Falls, Smiths Falls. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 18 Market Street N have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 18 Market Street N?
18 Market Street N is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 18 Market Street N, and what is the lot size?
The lot is listed as 40 x 60 ft.
How is 18 Market Street N heated and cooled?
Heating is gas forced air open. The listing does not show air conditioning.
What are the property taxes for 18 Market Street N?
Property taxes are $7,310 a year (2026), or about $609 a month.
Where is 18 Market Street N?
18 Market Street N is in the 901 - Smiths Falls community of Smiths Falls. The nearest main intersection is Corner of Market Street North and William Street East. The postal code is K7A 2E3.
Is 18 Market Street N still for sale?
Yes. It is an active listing (MLS® X13521820). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 18 Market Street N asking?
Similar properties for sale nearby right now include 119 Beckwith Street N at $419,000, 7 Union Street at $489,900 and 8 Beckwith Street N at $500,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 18 Market Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 18 Market Street N?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near 901 - Smiths Falls, picked by style, size and price.
Investment$419,000119 Beckwith Street N, Smiths Falls901 - Smiths FallsCourtesy of: EXP REALTYView home →
Commercial retail$489,9007 Union Street, Smiths Falls901 - Smiths FallsCourtesy of: CENTURY 21 HERITAGE GROUP LTD., BROKERAGEView home →
Store w apt / office$500,0008 Beckwith Street N, Smiths Falls3 bath · 901 - Smiths FallsCourtesy of: RE/MAX HALLMARK REALTY GROUPView home →Courtesy of: CENTURY 21 SYNERGY REALTY INC
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.