For saleMLS® X13000028

66 QUEEN Street, Smiths Falls, ON K7A 3N2

901 - Smiths Falls, Smiths Falls · Near Queen St & Lorne St · View map

$1,150,000
6Baths
0.3Sq ft
InvestmentType
NoneParking
$8,904/yrTaxes
$1,150,000
FreeholdNo monthly condo fee
Lot 105 x 120 ftThe land comes with the home

About this home

This fully tenanted 6-unit apartment building sits on a generously sized lot, backing directly onto the UNESCO World Heritage Site, the Rideau Canal-offering access to scenic walking trails and outdoor recreation. Located in a quiet, residential neighbourhood known for its charm and upscale character, the property is just two blocks from the main business district and all amenities in the revitalized downtown core. The building offers beautiful canal views, specifically from the second-floor balcony, and attracts quality tenants due to its desirable surroundings. All tenants pay their own heat and hydro, with gas heating in place. Ample parking is available, with space for approximately two vehicles per unit. Current rental income is as follows: Unit 1: $871, Unit 2: $847, Unit 3: $1,896, Unit 4: $1,090, Unit 5: $1,800, Unit 6: $1,800. With strong existing cash flow and significant upside potential to increase rents, this property presents an excellent opportunity for investors seeking long-term growth and reliable returns. Two 3-bed units & four 2 bed units, New Roof April/2022, Cash Cow.

The home

Type
Investment
Square footage
0.3 sq ft
Bathrooms
6
Lot size
105 x 120 ft
Approximate age
51-99 years

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Hot Water

Garage & parking

Total parking
None

Taxes & other

Property taxes
$8,904/yr
Tax year
2025
Occupancy
Tenant
Possession
To Be Arranged
Cross street
Queen St & Lorne St
Neighbourhood
901 - Smiths Falls

More

MLS® number
X13000028

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$5,381per month, all in
  • Mortgage
  • Property tax

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.

    Know exactly what you can affordRun your own numbers with our mortgage and land transfer tax calculators.
    Open the calculators
    Loading map…

    66 QUEEN Street, Smiths Falls, ON K7A 3N2

    901 - Smiths Falls, Smiths Falls · Near Queen St & Lorne St

    Get directionsWhat’s nearby

    Schools nearby

    Open this tab to load nearby schools.

    Your commute

    Enter where you go every day to see real drive times:

    Sold history

    Listing history for 66 QUEEN Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 66 QUEEN Street

    Answers come straight from this home’s MLS® listing.

    How much is 66 QUEEN Street listed for, and what would it cost each month?

    66 QUEEN Street is listed for $1,150,000. With 20% down ($230,000), the mortgage payment would be roughly $4,639 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,381 a month, all in. That figure is an illustration, not a quote.

    Is 66 QUEEN Street freehold or a condo, and is there a monthly fee?

    66 QUEEN Street is a investment 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 66 QUEEN Street 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 66 QUEEN Street?

    66 QUEEN Street is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 66 QUEEN Street, and what is the lot size?

    The lot is listed as 105 x 120 ft.

    How is 66 QUEEN Street heated and cooled?

    Heating is gas hot water. The listing does not show air conditioning.

    What are the property taxes for 66 QUEEN Street?

    Property taxes are $8,904 a year (2025), or about $742 a month.

    Where is 66 QUEEN Street?

    66 QUEEN Street is in the 901 - Smiths Falls community of Smiths Falls. The nearest main intersection is Queen St & Lorne St. The postal code is K7A 3N2.

    Is 66 QUEEN Street still for sale?

    Yes. It is an active listing (MLS® X13000028). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 66 QUEEN Street 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 66 QUEEN 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 66 QUEEN 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.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

    Call Text Explore Home value

    Have questions?

    Call or text today — we're here to help.

    647-931-3923
    CallText