34 Market Street, Smiths Falls, ON K7A 2E6
901 - Smiths Falls, Smiths Falls · Near Russell Street East · View map
About this home
Turn-Key Income TRIPLEX in the Heart of Smiths Falls - Attention investors: this fully renovated mixed-use triplex sits just steps from the Rideau Canal and downtown core, and it's built to perform - and a cap rate over 9.75%. With two vacant units, you set the rents - or occupy one yourself and let the building carry the mortgage. The main floor commercial unit offers high street visibility and was most recently leased to an established medical/spa tenant, proof this address draws quality commercial traffic. Run your own business here, or hold it as stable, professional-grade rental income. Above, two newly renovated residential units are finished with modern fixtures and brand-new appliances. One unit features in-suite laundry - a rare amenity in this price point that commands premium rent and keeps good tenants renewing year after year.This is a rare chance to own a prime, income-generating asset in one of the region's fastest-growing communities - immediate cash flow, low-maintenance renovated units, and long-term upside all in one address.
The home
- Type
- Triplex
- Style
- 2-Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 4
- Bathrooms
- 4
- Kitchens
- 2
- Rooms
- 18
- Basement
- Crawl Space
- Lot size
- 47 x 30 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Brick, Metal/Steel Siding
Heating & cooling
- Heating fuel
- Electric
- Heating type
- Baseboard
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $6,133/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Immediate
- Cross street
- Russell Street East
- Neighbourhood
- 901 - Smiths Falls
More
- Price per sq ft
- ~$257 (at 1,750 sq ft)
- MLS® number
- X13816998
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The home and its surroundings
- Built-In Oven
- Carpet Free
- 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.
34 Market Street, Smiths Falls, ON K7A 2E6
901 - Smiths Falls, Smiths Falls · Near Russell Street East
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Listing history for 34 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 34 Market Street
Answers come straight from this home’s MLS® listing.
How much is 34 Market Street listed for, and what would it cost each month?
34 Market Street is listed for $449,999. With 20% down ($90,000), the mortgage payment would be roughly $1,815 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,326 a month, all in. That figure is an illustration, not a quote.
Is 34 Market Street freehold or a condo, and is there a monthly fee?
34 Market Street is a triplex 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.
How many bedrooms and bathrooms does 34 Market Street have?
34 Market Street has 4 bedrooms and 4 bathrooms. The listing gives the style as 2-storey.
Does 34 Market Street have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
Does 34 Market Street have a finished basement?
The listing describes the basement as crawl space.
What style of home is 34 Market Street?
34 Market Street is a triplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 34 Market Street, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 47 x 30 ft.
How is 34 Market Street heated and cooled?
Heating is baseboard (electric). Cooling is central air.
What are the property taxes for 34 Market Street?
Property taxes are $6,133 a year (2025), or about $511 a month.
Where is 34 Market Street?
34 Market Street is in the 901 - Smiths Falls community of Smiths Falls. The nearest main intersection is Russell Street East. The postal code is K7A 2E6.
Is 34 Market Street still for sale?
Yes. It is an active listing (MLS® X13816998). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 34 Market Street asking?
Similar properties for sale nearby right now include 119 Beckwith Street N at $419,000 (4 bed), 9-11 Ogden Avenue at $469,000 (6 bed) and 154-156 Beckwith Street at $399,900 (7 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 34 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 34 Market Street?
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.
Duplex$419,000119 Beckwith Street N, Smiths Falls4 bed · 2 bath · 901 - Smiths FallsCourtesy of: EXP REALTYView home →
Duplex$469,0009-11 Ogden Avenue, Smiths Falls6 bed · 2 bath · 901 - Smiths FallsCourtesy of: FIRST CHOICE REALTY ONTARIO LTD.View home →
Duplex$399,900154-156 Beckwith Street, Smiths Falls7 bed · 3 bath · 901 - Smiths FallsCourtesy of: CENTURY 21 SYNERGY REALTY INC.View home →Courtesy of: ROYAL LEPAGE INTEGRITY REALTY
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.