21-23 Russell Street E, Smiths Falls, ON K7A 1E7
901 - Smiths Falls, Smiths Falls · Near Russell St East & Market St North · View map
About this home
For Sale by Tender. $350,000 minimum bid plus 10% buyer's premium. Tenders due October 28 at 11:00 am. 21-23 Russell Street East combines a former restaurant and bar building with an adjacent paved parking lot in downtown Smiths Falls, near Market Street North. The building at 23 Russell and the parking lot at 21 Russell are offered together as two parcels totalling approximately 0.31 acres. iGUIDE reports approximately 5,901 sq. ft. above grade, including a 4,984 sq. ft. main floor and 3,247 sq. ft. below grade, based on exterior measurements. The building combines a taller gable-roofed section with a broad single-storey commercial portion. Storefront windows, multiple street entrances and a covered parking-lot entrance with glazed double doors serve the premises. Finishes include vertical siding, painted brick and concrete block, with flat, low-slope, metal and asphalt-shingle roof sections. The property requires substantial cleaning and repairs. Some, all or none of the chattels, leasehold improvements and kitchen equipment shown in the photos may remain in the property on closing. Consider that you are purchasing a shell of a building. The buyer agrees to take possession of anything left in, on and around the building and property on closing.No in-person buyer showings; review the available photographs, virtual tour, plans, inspection report and documents.
The home
- Type
- Commercial retail
- Square footage
- 5901 sq ft
- Lot size
- 65 x 98.3 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $23,961/yr
- Tax year
- 2026
- Occupancy
- Vacant
- Cross street
- Russell St East & Market St North
- Neighbourhood
- 901 - Smiths Falls
More
- MLS® number
- X13880324
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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.
21-23 Russell Street, Smiths Falls, ON K7A 1E7
901 - Smiths Falls, Smiths Falls · Near Russell St East & Market St North
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Listing history for 21-23 Russell 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 21-23 Russell Street E
Answers come straight from this home’s MLS® listing.
How much is 21-23 Russell Street E listed for, and what would it cost each month?
21-23 Russell Street E is listed for $385,000. With 20% down ($77,000), the mortgage payment would be roughly $1,553 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $3,550 a month, all in. That figure is an illustration, not a quote.
Is 21-23 Russell Street E freehold or a condo, and is there a monthly fee?
21-23 Russell Street E 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 21-23 Russell Street E 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 21-23 Russell Street E?
21-23 Russell Street E is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 21-23 Russell Street E, and what is the lot size?
The lot is listed as 65 x 98.3 ft.
How is 21-23 Russell Street E heated and cooled?
Cooling is yes.
What are the property taxes for 21-23 Russell Street E?
Property taxes are $23,961 a year (2026), or about $1,997 a month.
Where is 21-23 Russell Street E?
21-23 Russell Street E is in the 901 - Smiths Falls community of Smiths Falls. The nearest main intersection is Russell St East & Market St North. The postal code is K7A 1E7.
Is 21-23 Russell Street E still for sale?
Yes. It is an active listing (MLS® X13880324). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 21-23 Russell Street E asking?
Similar properties for sale nearby right now include 50 Lorne Street at $374,900, 119 Beckwith Street N at $419,000 and 18 Beckwith Street N at $349,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 21-23 Russell 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 21-23 Russell Street E?
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.
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Investment$419,000119 Beckwith Street N, Smiths Falls901 - Smiths FallsCourtesy of: EXP REALTYView home →
Commercial retail$349,00018 Beckwith Street N, Smiths Falls901 - Smiths FallsCourtesy of: CENTURY 21 SYNERGY REALTY INC.View home →Courtesy of: Gordons Real Estate Brokerage Ltd.
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.