High-exposure retail opportunity on the south side of Smiths Falls along busy Highway 15. This large standalone building features a bright, open showroom with high ceilings ranging from 15' to 21', ideal for a multitude of uses including retail, automotive, or service uses. Property includes a large fenced outdoor yard, a covered exterior display area, and two loading docks: one covered, grade-level dock and one declining dock designed for 53' trailers. Ample outdoor storage permitted. Large customer parking area. Surrounded by top tier retailers. Highway 15 is a major corridor with consistently high daily traffic from local shoppers, cottagers, and regional travellers moving between Ottawa, Kingston, and beyond. This location offers unbeatable visibility, easy access, and flexibility to grow your business. Rare opportunity to position yourself in one of the area's most vibrant commercial zones.More details
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.More details
Exceptionally well-maintained commercial/residential building in downtown Smiths Falls. After 53 years of operating a successfully popular restaurant, owners are retiring. The building's main floor has fully equipped restaurant with upscale kitchen. Second and third floors include six apartments, all rented. The restaurant's 4969sf versatile layout offers flexibility for variety of dining concepts, seating arrangements and service styles. Welcoming front reception area includes pizza workstation. From here, customers walk into casual 54'x15' dining area that seats 66. Two steps up to second 37'x 24' dining room seating 45, with attractive stone wall plus bar area. Besides dining areas, restaurant has a 32'x 32' banquet hall for special events that seats 66. Adjoining the banquet hall is all-equipped dessert station. Turnkey fully-equipped kitchen has efficient workflow with professional grade appliances, ample prep space and commercial refrigeration including walk-in cooler & walk-in freezer. Three natural gas furnaces and central air, for main floor restaurant. Four washrooms and storage rooms. Basement provides extra storage space. Separate exterior door for access to rental apartments on second and third floors. Rented apartments include one 1-bedroom apartment; two 1-bedroom + den apartments; two 2-bedroom apartments and studio apartment. Each apartment has electric baseboard heating, 100 amp service and their own hydro meter. Roof's front shingles 2025; back shingles approx 2015. All windows 2006-2007. Curbside garbage pickup for apartments. Restaurant has garbage contract service. Street parking, two hours free. Zoning C1 (Commercial). Over the years, restaurant was open 7 days a week with full capacity and regular bookings for the banquet hall. Excellent location downtown Smiths Falls. Opportunity to invested in the growing town, on the Rideau Canal system. Convenient central location, 20 mins to Perth or Carleton Place and 50 mins to Ottawa.More details
Exceptionally well-maintained commercial/residential building in downtown Smiths Falls. Building has 4969sf versatile layout with flexibility for variety of uses from retail to restaurant. After 53 years of operating a successfully popular restaurant, owners are retiring. The building's main floor is currently fully equipped restaurant. Three entrance doors would allow space to be converted to retail, office and/or businesses. Second and third floors include six apartments, all rented. Welcoming front reception area includes pizza workstation. From here, customers walk into casual 54'x15' dining area that seats 66. Two steps up to second 37'x 24' dining room seating 45, with attractive stone wall plus bar area. Besides dining areas, restaurant has a 32'x 32' banquet hall for special events that seats 66. Adjoining banquet hall is equipped dessert station. Turnkey fully-equipped kitchen has efficient workflow with professional appliances, prep space and commercial refrigeration including walk-in cooler & walk-in freezer. Three natural gas furnaces and central air, for main floor restaurant. Four washrooms & storage rooms. Basement has extra storage space. Separate exterior door for access to rental apartments on second & third floors. Rented apartments include one 1-bedroom apartment; two 1-bedroom + den apartments; two 2-bedroom apartments and studio apartment. Each apartment has electric baseboard heating, 100 amp service and their own hydro meter. Roof's front shingles 2025; back shingles approx 2015. All windows 2006-2007. Curbside garbage pickup for apartments. Restaurant has garbage contract service. Street parking, two hours free. Zoning C1 (Commercial). Over the years, restaurant was open 7 days a week with full capacity and regular bookings for the banquet hall. Excellent location downtown Smiths Falls. Opportunity to invested in the growing town, on the Rideau Canal system. Convenient central location, 20 mins to Perth or Carleton Place and 50 mins Ottawa.More details
Exceptionally well-maintained commercial/residential building in downtown Smiths Falls. Building has 4969sf versatile layout with flexibility for variety of uses from retail to restaurant. After 53 years of operating a successfully popular restaurant, owners are retiring. The building's main floor is currently fully equipped restaurant. Three entrance doors would allow space to be converted to retail, office or businesses. Second and third floors include six apartments, all rented. Welcoming front reception area includes pizza workstation. From here, customers walk into casual 54'x15' dining area that seats 66. Two steps up to second 37'x 24' dining room seating 45, with attractive stone wall plus bar area. Besides dining areas, restaurant has a 32'x 32' banquet hall for special events that seats 66. Adjoining banquet hall is equipped dessert station. Turnkey fully-equipped kitchen has efficient workflow with professional appliances, prep space and commercial refrigeration including walk-in cooler & walk-in freezer. Three natural gas furnaces and central air, for main floor restaurant. Four washrooms & storage rooms. Basement has extra storage space. Separate exterior door for access to rental apartments on second & third floors. Rented apartments include one 1-bedroom apartment; two 1-bedroom + den apartments; two 2-bedroom apartments and studio apartment. Each apartment has electric baseboard heating, 100 amp service and their own hydro meter. Roof's front shingles 2025; back shingles approx 2015. All windows 2006-2007. Curbside garbage pickup for apartments. Restaurant has garbage contract service. Street parking, two hours free. Zoning C1 (Commercial). Over the years, restaurant was open 7 days a week with full capacity and regular bookings for the banquet hall. Excellent location downtown Smiths Falls. Opportunity to invested in the growing town, on the Rideau Canal system. Convenient central location, 20 mins to Perth or Carleton Place and 50 mins to Ottawa.More details
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.More details
Welcome to this beautiful Victorian brick 4-plex, ideally situated in one of Smiths Falls' most prestigious and historically rich neighborhoods where the upper management of the railroad formerly lived. This quiet, residential area offers charm and tranquility, while being just two blocks from the main business district and all amenities in the revitalized downtown core. The property is also conveniently located near the UNESCO World Heritage Site Rideau Canal, offering access to scenic walking trails and outdoor recreation. It features: Fully tenanted building with strong rental demand, Four separate hydro meters, New forced-air gas furnace. Located in an area benefiting from major community upgrades, including: New water treatment plant, New community center, New high school, Expansion of the existing hospital. This is an excellent rental market, with the majority of Canopy Tweed employees wanting to live in Smiths Falls close to their workplace, in an area of beautiful homes which will attract good tenants because of the upscale atmosphere. Three 3-bed units & one 2 bed unit, cash cow. This property's upscale surroundings and historic charm make it especially attractive to reliable tenants. RENTS; (1) $1,550 (2) $1,695 (3) $1,625 (4) $2,050More details
This fully tenanted three-unit property offers excellent income potential in a central location close to the hospital, the Smiths Falls Memorial Community Centre and the shops, restaurants and other amenities of downtown Smiths Falls. Unit A is a two-bedroom, one-bathroom unit with basement access, laundry and storage. Unit B occupies the upper two floors and features four bedrooms, 1.5 bathrooms, ample storage, top-floor laundry and a private balcony. Unit C is a one-bedroom, one-bathroom unit with an enclosed porch and private entrance. The property also offers ample parking and two owned electric hot-water tanks. Immediate possession is possible if the buyer assumes the existing tenants. 24-hour irrevocable period is required on all offers. Minimum 24 hours notice for all showings.More details
TIMELESS CHARM, INCREDIBLE SPACE & ENDLESS POSSIBILITIES! Welcome to 15 Strathcona Street, Smiths Falls! Built in 1854, this charming Colonial home sits proudly on a pretty corner lot just one block from the beautiful RIDEAU CANAL! Rich in history and bursting with potential, this is a property that invites you to DREAM BIG and make it your own! Whether you envision a beautiful family home, multigenerational living or exploring income potential, the possibilities are endless! Step inside to discover generous principal rooms, including a HUGE kitchen, spacious living room and separate dining room, offering plenty of space for family gatherings and entertaining. Upstairs, a charming Dormered landing leads to FIVE BEDROOMS, TWO FULL BATHROOMS and convenient SECOND-FLOOR LAUNDRY! With so much room to work with, imagine the possibilities of creating spaces that perfectly suit your lifestyle! Adding even more versatility is the ATTACHED ONE-BEDROOM GRANNY SUITE, complete with its OWN PRIVATE ENTRANCE, DRIVEWAY, FULL BATHROOM and LAUNDRY! An ideal setup for extended family, guests or potential additional income. Outside, enjoy the FENCED YARD, offering a wonderful space for children, pets, gardening or simply relaxing outdoors. Need room for vehicles, hobbies, a workshop or storage? You'll love the HUGE DETACHED GARAGE! Additional highlights include a PAVED DRIVEWAY, GAS HOT WATER RADIATOR HEATING, TWO DUCTLESS HEAT PUMPS and LOW-MAINTENANCE VINYL EXTERIOR. Imagine morning walks along the historic Rideau Canal, enjoying nearby parks, waterfront trails and the shops and restaurants of downtown Smiths Falls. This fantastic location combines small-town charm with everyday conveniences! With its generous layout, separate living quarters and incredible potential, this unique property offers a rare opportunity to create something truly special. Bring your imagination, your ideas and your dreams. YOUR NEXT CHAPTER COULD START HERE!More details
Data was last updated November 9, 2026 at 02:15 PM (UTC)
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