7 RUSSELL Street, Smiths Falls, ON

$699,900
MLS#:X12921558
0 beds
0 baths
Commercial
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Description

Property Highlights

Welcome to this remarkable [] commercial retail located in the coveted neighborhood of 901 - Smiths Falls. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $699,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 58.96 x 120.1 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • equipped with ["partial"] central cooling and highly efficient gas forced air closed heating

Well maintained mixed Commercial/Retail and Residential opportunity in the heart of Smiths Falls core. This courtyard environment offers a unique access to 5 retail units, 1 upper residential apartment plus a large vacant upper unit that could be used as residential with some work or as is as a large office and board room. Well established tenants with complimenting businesses. Tenants paying own utilities. Good annual return and solid investment here. Seller wishes to be respectful to the good tenants. Showings preferred after 5:00 weekdays or Sundays (as most are closed then). TPO roofing replaced in (2017), Shingles (2021), Electrical service updated to 400 amp (2021), new water and sewer line to building 2017, café refurbished (2016), Upper apartment renovated (2024) plus many small items addressed. Seller's have been very attentive and appreciated by tenants. Low turnover as results. Unit A 800 sqft retail, Unit B 530 sq ft upper apartment, Unit C 250 sqft retail. Unit D 700 sqft retail, Unit E 1000 sqft café, Unit F 1000 sqft retail, Unit G 1600 sqft upper vacant unit. (offers additional space to rent out or possibly an owner-occupied residence). All measurements approx. to be confirmed by the Buyer. There are 3 off-street parking stalls plus on-street parking. A solid investment opportunity.

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Key Features

Property Type
Commercial

Additional Details

StatusActive
Listed Date3/25/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCommercial Retail
Lot Size58.96 × 120.1 Feet
CountyLanark
Annual Tax$14,501
Legal DescriptionPT LT 232 S/S RUSSELL ST PL 13884 LANARK S SOUTH ELMSLEY; LT 233 S/S RUSSELL ST PL 13884 LANARK S SOUTH ELMSLEY AS IN RS118154 EXCEPT PARTS 1,2 ON 27R10221 TOGETHER WITH AN EASEMENT AS IN LC131182 TOWN OF SMITHS FALLS

Parking & Garage

Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Closed
Cooling["Partial"]

Features

Property Features

Community Features

Location

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7 RUSSELL Street, Smiths Falls, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 7 RUSSELL Street W, Smiths Falls, ON K7A 1N8

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$559,920
Monthly Mortgage$3,253
Property Tax (Est.)$1,208
Utilities & Maint.$350
Total Monthly Cost$4,811

Nearby School Rankings

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Within 2km radiusFraser Institute Ratings

Nearby Listings

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No current listings found in Smiths Falls.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.