Smiths Falls, ON K7A 3Y7,117 Brockville ST
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Smiths Falls, ON K7A 3Y7,117 Brockville ST
Smiths Falls, ON K7A 3Y7,117 Brockville ST
Smiths Falls, ON K7A 3Y7,117 Brockville ST
Smiths Falls, ON K7A 3Y7,117 Brockville ST

$567,000

Est. payment /mo

$599,900

5.5%
Est.Price: ?

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117 Brockville ST Smiths Falls, ON K7A 3Y7

6 Beds

4 Baths

SOLD DATE : 05/22/2025

Key Details

Sold Price $567,000

Property Type Multi-Family

Sub Type Fourplex

Listing Status Sold

Purchase Type For Sale

Subdivision 901 - Smiths Falls

MLS Listing ID X11946434

Sold Date 05/22/25

Style 2-Storey

Bedrooms 6

Annual Tax Amount $4,444

Tax Year 2024

Property Sub-Type Fourplex

Property Description

Rarely offered, very well maintained fourplex with just under 8% cap rate in area with low vacancy, growing population in Ottawa bedroom community/ historical town located on the RIDEAU CANAL. Building situated on massive 60' x 120' lot in sought after location with ample parking at back of building. Ground floor with recently updated 2 x 2 bedroom units, upper floor is 2 x 1 bedroom apartments. FURNACES(2013, 2022), ROOF(2022), SOFFITS AND FASCIA(2013), ALL WINDOWS(2014), CHIMNEY CAPPED(2021), SEWAGE LINE REPLACEMENT(coordinated with municipality in 2022), COMPLETE PLUMBING UPDATE WITH ABS AND COPPER, ELECTRICAL(2008), GARAGE DOOR(2023), 4 hot water tanks(all owned, 4 hydro meters. The numbers are $55884 for 2025 Gross Rent. Cashflow(after taxes, utilities, insurance) is $46375(based on 2024 costs) offering a 7.73% cap rate. A solid investment for the savvy investor.

Location

Province ON

County Lanark

Community 901 - Smiths Falls

Area Lanark

Rooms

Family Room No

Basement Full, Unfinished

Kitchen 4

Interior

Interior Features Water Heater, Separate Hydro Meter

Cooling None

Exterior

Exterior Feature Landscaped

Parking Features Other, Private

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 60.0

Lot Depth 120.0

Total Parking Spaces 5

Building

Building Age 100+

Foundation Block, Stone

Others

ParcelsYN No

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Listed by SUTTON GROUP - OTTAWA REALTY
Richard Rutkowski

Richard Rutkowski

License Partner | Broker of Record | License ID: HBRUTKORI

+1(905) 876-6660

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