40 Main Street E, Smiths Falls, ON K7A 1A4
901 - Smiths Falls, Smiths Falls · Near Market Street North · View map
About this home
Prime Mixed-Use Commercial Opportunity in the Heart of Smiths Falls! This high-visibility downtown property offers exceptional exposure, ample on-site parking, and outstanding accessibility. With approximately 7,500 sq. ft. of retail/commercial space plus an additional 2,500 sq. ft., many possibilities for investors, owner-operators, or developers. A wide range of potential permitted commercial uses provides excellent flexibility for future growth. The current owner is offering a rare flexible possession date of up to two years, making this an ideal opportunity for buyers planning a future move or investment. Flexible purchase options are also available, including Vendor Take-Back (VTB) financing, a leaseback arrangement, or negotiation for the existing business. Operational features include a two-bay loading area with access from the adjacent side street, making shipping and receiving efficient. Above the commercial space are income-generating apartments with a separate entrance, providing valuable additional revenue. Positioned on a wide, prominent street in the heart of Smiths Falls, this versatile property offers outstanding potential for investment, expansion, or redevelopment. An exceptional opportunity to own a landmark commercial property with multiple income streams and flexible purchase options.
The home
- Type
- Commercial retail
- Square footage
- 10000 sq ft
- Lot size
- 58.9 x 119.8 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Driveway spaces
- 6
- Total parking
- 6
Taxes & other
- Property taxes
- $10,210/yr
- Tax year
- 2025
- Occupancy
- Owner+Tenant
- Possession
- Up to 2 years
- Cross street
- Market Street North
- Neighbourhood
- 901 - Smiths Falls
More
- MLS® number
- X13652512
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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.
40 Main Street, Smiths Falls, ON K7A 1A4
901 - Smiths Falls, Smiths Falls · Near Market Street North
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Listing history for 40 Main 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 40 Main Street E
Answers come straight from this home’s MLS® listing.
How much is 40 Main Street E listed for, and what would it cost each month?
40 Main Street E is listed for $999,888. With 20% down ($199,978), the mortgage payment would be roughly $4,033 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,884 a month, all in. That figure is an illustration, not a quote.
Is 40 Main Street E freehold or a condo, and is there a monthly fee?
40 Main 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 40 Main Street E have a garage and parking?
The listing does not show a garage. The driveway adds 6 spaces. In total the listing counts 6 parking spaces.
What style of home is 40 Main Street E?
40 Main Street E is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 40 Main Street E, and what is the lot size?
The lot is listed as 58.9 x 119.8 ft.
How is 40 Main Street E heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 40 Main Street E?
Property taxes are $10,210 a year (2025), or about $851 a month.
Where is 40 Main Street E?
40 Main Street E is in the 901 - Smiths Falls community of Smiths Falls. The nearest main intersection is Market Street North. The postal code is K7A 1A4.
Is 40 Main Street E still for sale?
Yes. It is an active listing (MLS® X13652512). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 40 Main Street E asking?
Similar properties for sale nearby right now include 11 Beckwith Street S at $1,149,000, 11 Beckwith Street S at $1,149,000 and 11 Beckwith Street S at $1,149,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 40 Main 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 40 Main 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.
Commercial retail$1,149,00011 Beckwith Street S, Smiths Falls901 - Smiths FallsCourtesy of: COLDWELL BANKER FIRST OTTAWA REALTYView home →Investment$1,149,00011 Beckwith Street S, Smiths Falls901 - Smiths FallsCourtesy of: COLDWELL BANKER FIRST OTTAWA REALTYView home →Sale of business$1,149,00011 Beckwith Street S, Smiths Falls901 - Smiths FallsCourtesy of: COLDWELL BANKER FIRST OTTAWA REALTYView home →Courtesy of: INNOVATION REALTY 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.