7 Union Street, Smiths Falls, ON K7A 2R9
901 - Smiths Falls, Smiths Falls · Near Union St & Cornelia St E · View map
About this home
Exceptional Mixed-Use Investment Opportunity in the Heart of Smiths Falls! Commercially zoned and situated on approximately 0.3 acres, this high-exposure property offers an outstanding opportunity to own a well-maintained mixed-use building in one of the town's busiest locations. Building for sale only - business not included.The main level is home to the established Union Bar & Grill, while the upper level features a spacious residential apartment, creating excellent commercial and residential income potential. The property also includes a large detached double garage, generous storage space, an expansive parking lot, and room for future expansion (subject to municipal approvals).Located on a major thoroughfare with exceptional visibility and steady traffic, this property is just minutes from the downtown core and surrounded by established neighbourhoods, businesses, and amenities. Its prime location and flexible zoning make it an attractive opportunity for investors, entrepreneurs, and future owners alike.Whether you're expanding your investment portfolio or securing a versatile commercial asset with multiple income streams and future upside, 7 Union Street is an opportunity not to be missed. A versatile mixed-use investment offering location, visibility, flexibility, and outstanding long-term potential.
The home
- Type
- Commercial retail
- Square footage
- 2527 sq ft
- Lot size
- 122.5 x 114 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Electric Forced Air
- Air conditioning
- Partial
Garage & parking
- Garage
- Visitor
- Total parking
- None
Taxes & other
- Property taxes
- $4,472/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Union St & Cornelia St E
- Neighbourhood
- 901 - Smiths Falls
More
- MLS® number
- X13530038
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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.
7 Union Street, Smiths Falls, ON K7A 2R9
901 - Smiths Falls, Smiths Falls · Near Union St & Cornelia St E
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Listing history for 7 Union 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 7 Union Street
Answers come straight from this home’s MLS® listing.
How much is 7 Union Street listed for, and what would it cost each month?
7 Union Street is listed for $489,900. With 20% down ($97,980), the mortgage payment would be roughly $1,976 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,349 a month, all in. That figure is an illustration, not a quote.
Is 7 Union Street freehold or a condo, and is there a monthly fee?
7 Union Street 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 7 Union Street have a garage and parking?
Yes. The listing shows the garage as visitor. The listing does not include a parking space.
What style of home is 7 Union Street?
7 Union Street is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 7 Union Street, and what is the lot size?
The lot is listed as 122.5 x 114 ft.
How is 7 Union Street heated and cooled?
Heating is electric forced air. Cooling is partial.
What are the property taxes for 7 Union Street?
Property taxes are $4,472 a year (2026), or about $373 a month.
Where is 7 Union Street?
7 Union Street is in the 901 - Smiths Falls community of Smiths Falls. The nearest main intersection is Union St & Cornelia St E. The postal code is K7A 2R9.
Is 7 Union Street still for sale?
Yes. It is an active listing (MLS® X13530038). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 7 Union Street asking?
Similar properties for sale nearby right now include 8 Beckwith Street N at $500,000, 8 Beckwith Street N at $500,000 and 18 Market Street N at $449,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 7 Union 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 7 Union 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.
Store w apt / office$500,0008 Beckwith Street N, Smiths Falls3 bath · 901 - Smiths FallsCourtesy of: RE/MAX HALLMARK REALTY GROUPView home →
Commercial retail$500,0008 Beckwith Street N, Smiths Falls3 bath · 901 - Smiths FallsCourtesy of: RE/MAX HALLMARK REALTY GROUPView home →
Commercial retail$449,00018 Market Street N, Smiths Falls901 - Smiths FallsCourtesy of: CENTURY 21 SYNERGY REALTY INCView home →Courtesy of: CENTURY 21 HERITAGE GROUP LTD., BROKERAGE
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.