$425,000
4.56 BTC
Photos
12 - 14 Queen Street, Smiths Falls
$425,000
PRICE
8
BEDROOMS
4
BATHROOMS
X12927930
MLSID

12 - 14 Queen Street, Smiths Falls

Thomas Edison likely had this lucrative investment property in mind when he reportedly said "opportunity is missed by most people because it is dressed in overalls and looks like work". This fourplex nestled a stone's throw from the Rideau River diagonally across a municipally owned parcel of riverfront land in the growing town of Smiths Falls exemplifies a BRRRR target, and goes one better: it makes money out of the gate. Make positive cash flow now - and for as long as you like - from low rents, with enormous upside if you're willing to get your hands dirty. This is not a palace now, with numerous small maintenance projects to be found. With some repairs and renovations on tenant turnover, this property can readily shine and return multiples on that further investment. Offering 4,069 square feet of above grade living space, currently comprising two 2-bedroom units, one 3-bedroom unit with a family room, and one 1-bedroom. Structurally sound on a block foundation with full basement under 12 Queen and crawl space under 14 Queen. A double garage houses utilities, plenty of storage and could accommodate one vehicle. There are six outdoor parking spaces, all accessible at the rear of the property from Elmsley Street South. Key infrastructure includes two gas furnaces provide efficient heating, two rented hot water tanks, upgraded electrical with four meters (ESA on file), and two water meters. Compliance and fire safety letters on file. You'll be hard pressed to find a better starting point for income & equity growth in the area than this property at $106,250 per unit or $105 per square foot of above grade living space.
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Summary

Address
12 - 14 Queen Street
MLSID
X12927930
Property Type
Fourplex
Property Category
Bedrooms
8
Bathrooms
4
Kitchens
4
Taxes (Annual)
$4,715.00
Tax Year
2025
Published
March 27, 2026
Days on Market
59 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

Two refrigerators, two stoves, one clothes washer.

Exclusions

Tenants' belongings.

Details

Bathroom 1
3-Piece Ground Level
Bathroom 2
3-Piece Second Level
Basement
Full, Unfinished, Crawl Space
Exterior Features
Deck
Interior Features
Primary Bedroom - Main Floor
Parking Spaces
6
Parking Total
6
Parking Features
Lane, Private
Architectural Style
2-Storey
Roof
Metal, Asphalt Shingle
Construction Materials
Vinyl Siding, Other
Lot Width
81 Feet
Lot Depth
64 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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BEDS
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3.54 BTC
38 Winnifred Street, Smiths Falls
3
BEDS
2
BATHS
$329,900
PRICE
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107 Lorne Street, Smiths Falls107 Lorne Street, Smiths Falls107 Lorne Street, Smiths Falls107 Lorne Street, Smiths Falls107 Lorne Street, Smiths Falls107 Lorne Street, Smiths Falls107 Lorne Street, Smiths Falls107 Lorne Street, Smiths Falls107 Lorne Street, Smiths Falls107 Lorne Street, Smiths Falls107 Lorne Street, Smiths Falls107 Lorne Street, Smiths Falls107 Lorne Street, Smiths Falls107 Lorne Street, Smiths Falls107 Lorne Street, Smiths Falls107 Lorne Street, Smiths Falls107 Lorne Street, Smiths Falls107 Lorne Street, Smiths Falls107 Lorne Street, Smiths Falls107 Lorne Street, Smiths Falls
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107 Lorne Street, Smiths Falls
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BEDS
1
BATHS
$524,900
PRICE
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7 Leeds Street, Smiths Falls7 Leeds Street, Smiths Falls7 Leeds Street, Smiths Falls7 Leeds Street, Smiths Falls7 Leeds Street, Smiths Falls7 Leeds Street, Smiths Falls7 Leeds Street, Smiths Falls7 Leeds Street, Smiths Falls7 Leeds Street, Smiths Falls7 Leeds Street, Smiths Falls7 Leeds Street, Smiths Falls7 Leeds Street, Smiths Falls7 Leeds Street, Smiths Falls7 Leeds Street, Smiths Falls7 Leeds Street, Smiths Falls7 Leeds Street, Smiths Falls7 Leeds Street, Smiths Falls7 Leeds Street, Smiths Falls7 Leeds Street, Smiths Falls
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5.64 BTC
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3 + 3
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2
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39 Condie Street, Smiths Falls39 Condie Street, Smiths Falls39 Condie Street, Smiths Falls39 Condie Street, Smiths Falls39 Condie Street, Smiths Falls39 Condie Street, Smiths Falls39 Condie Street, Smiths Falls39 Condie Street, Smiths Falls39 Condie Street, Smiths Falls39 Condie Street, Smiths Falls39 Condie Street, Smiths Falls39 Condie Street, Smiths Falls
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$569,000
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13 Pearl Street, Smiths Falls13 Pearl Street, Smiths Falls13 Pearl Street, Smiths Falls13 Pearl Street, Smiths Falls13 Pearl Street, Smiths Falls13 Pearl Street, Smiths Falls13 Pearl Street, Smiths Falls13 Pearl Street, Smiths Falls13 Pearl Street, Smiths Falls13 Pearl Street, Smiths Falls13 Pearl Street, Smiths Falls13 Pearl Street, Smiths Falls13 Pearl Street, Smiths Falls13 Pearl Street, Smiths Falls13 Pearl Street, Smiths Falls13 Pearl Street, Smiths Falls13 Pearl Street, Smiths Falls13 Pearl Street, Smiths Falls13 Pearl Street, Smiths Falls13 Pearl Street, Smiths Falls
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BATHS
$572,900
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22 Broadview Avenue, Smiths Falls22 Broadview Avenue, Smiths Falls22 Broadview Avenue, Smiths Falls22 Broadview Avenue, Smiths Falls22 Broadview Avenue, Smiths Falls22 Broadview Avenue, Smiths Falls22 Broadview Avenue, Smiths Falls22 Broadview Avenue, Smiths Falls22 Broadview Avenue, Smiths Falls22 Broadview Avenue, Smiths Falls22 Broadview Avenue, Smiths Falls22 Broadview Avenue, Smiths Falls22 Broadview Avenue, Smiths Falls22 Broadview Avenue, Smiths Falls22 Broadview Avenue, Smiths Falls22 Broadview Avenue, Smiths Falls22 Broadview Avenue, Smiths Falls22 Broadview Avenue, Smiths Falls22 Broadview Avenue, Smiths Falls22 Broadview Avenue, Smiths Falls
$659,000
7.07 BTC
22 Broadview Avenue, Smiths Falls
3
BEDS
2
BATHS
$659,000
PRICE
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3674 Highway 43 Road, Smiths Falls3674 Highway 43 Road, Smiths Falls3674 Highway 43 Road, Smiths Falls3674 Highway 43 Road, Smiths Falls3674 Highway 43 Road, Smiths Falls3674 Highway 43 Road, Smiths Falls3674 Highway 43 Road, Smiths Falls3674 Highway 43 Road, Smiths Falls3674 Highway 43 Road, Smiths Falls3674 Highway 43 Road, Smiths Falls3674 Highway 43 Road, Smiths Falls3674 Highway 43 Road, Smiths Falls3674 Highway 43 Road, Smiths Falls3674 Highway 43 Road, Smiths Falls3674 Highway 43 Road, Smiths Falls3674 Highway 43 Road, Smiths Falls3674 Highway 43 Road, Smiths Falls3674 Highway 43 Road, Smiths Falls3674 Highway 43 Road, Smiths Falls3674 Highway 43 Road, Smiths Falls
$749,900
8.05 BTC
3674 Highway 43 Road, Smiths Falls
3
BEDS
1
BATHS
$749,900
PRICE
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74 Colonel By Crescent, Smiths Falls74 Colonel By Crescent, Smiths Falls74 Colonel By Crescent, Smiths Falls74 Colonel By Crescent, Smiths Falls74 Colonel By Crescent, Smiths Falls74 Colonel By Crescent, Smiths Falls74 Colonel By Crescent, Smiths Falls74 Colonel By Crescent, Smiths Falls74 Colonel By Crescent, Smiths Falls74 Colonel By Crescent, Smiths Falls74 Colonel By Crescent, Smiths Falls74 Colonel By Crescent, Smiths Falls74 Colonel By Crescent, Smiths Falls74 Colonel By Crescent, Smiths Falls74 Colonel By Crescent, Smiths Falls74 Colonel By Crescent, Smiths Falls74 Colonel By Crescent, Smiths Falls74 Colonel By Crescent, Smiths Falls74 Colonel By Crescent, Smiths Falls74 Colonel By Crescent, Smiths Falls
$799,900
8.59 BTC
74 Colonel By Crescent, Smiths Falls
3 + 1
BEDS
3
BATHS
$799,900
PRICE
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86 Jasper Avenue, Smiths Falls86 Jasper Avenue, Smiths Falls86 Jasper Avenue, Smiths Falls86 Jasper Avenue, Smiths Falls86 Jasper Avenue, Smiths Falls86 Jasper Avenue, Smiths Falls86 Jasper Avenue, Smiths Falls86 Jasper Avenue, Smiths Falls86 Jasper Avenue, Smiths Falls86 Jasper Avenue, Smiths Falls86 Jasper Avenue, Smiths Falls86 Jasper Avenue, Smiths Falls86 Jasper Avenue, Smiths Falls86 Jasper Avenue, Smiths Falls
$449,900
4.83 BTC
86 Jasper Avenue, Smiths Falls
2 + 1
BEDS
2
BATHS
$449,900
PRICE
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4 Park Avenue, Smiths Falls4 Park Avenue, Smiths Falls4 Park Avenue, Smiths Falls4 Park Avenue, Smiths Falls4 Park Avenue, Smiths Falls4 Park Avenue, Smiths Falls4 Park Avenue, Smiths Falls4 Park Avenue, Smiths Falls4 Park Avenue, Smiths Falls
$399,000
4.28 BTC
4 Park Avenue, Smiths Falls
2
BEDS
2
BATHS
$399,000
PRICE
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45 Abel Street, Smiths Falls45 Abel Street, Smiths Falls45 Abel Street, Smiths Falls45 Abel Street, Smiths Falls45 Abel Street, Smiths Falls45 Abel Street, Smiths Falls45 Abel Street, Smiths Falls45 Abel Street, Smiths Falls45 Abel Street, Smiths Falls45 Abel Street, Smiths Falls45 Abel Street, Smiths Falls45 Abel Street, Smiths Falls45 Abel Street, Smiths Falls45 Abel Street, Smiths Falls45 Abel Street, Smiths Falls45 Abel Street, Smiths Falls
$359,900
3.86 BTC
45 Abel Street, Smiths Falls
2
BEDS
1
BATHS
$359,900
PRICE
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164 Chambers Street, Smiths Falls164 Chambers Street, Smiths Falls164 Chambers Street, Smiths Falls164 Chambers Street, Smiths Falls164 Chambers Street, Smiths Falls164 Chambers Street, Smiths Falls164 Chambers Street, Smiths Falls164 Chambers Street, Smiths Falls164 Chambers Street, Smiths Falls164 Chambers Street, Smiths Falls164 Chambers Street, Smiths Falls164 Chambers Street, Smiths Falls
$325,000
3.49 BTC
164 Chambers Street, Smiths Falls
2
BEDS
2
BATHS
$325,000
PRICE
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5 Robinson Avenue, Smiths Falls5 Robinson Avenue, Smiths Falls5 Robinson Avenue, Smiths Falls5 Robinson Avenue, Smiths Falls5 Robinson Avenue, Smiths Falls5 Robinson Avenue, Smiths Falls5 Robinson Avenue, Smiths Falls5 Robinson Avenue, Smiths Falls5 Robinson Avenue, Smiths Falls5 Robinson Avenue, Smiths Falls5 Robinson Avenue, Smiths Falls5 Robinson Avenue, Smiths Falls5 Robinson Avenue, Smiths Falls5 Robinson Avenue, Smiths Falls5 Robinson Avenue, Smiths Falls5 Robinson Avenue, Smiths Falls5 Robinson Avenue, Smiths Falls5 Robinson Avenue, Smiths Falls
$324,900
3.49 BTC
5 Robinson Avenue, Smiths Falls
2
BEDS
2
BATHS
$324,900
PRICE
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52 Whitcomb Crescent, Smiths Falls52 Whitcomb Crescent, Smiths Falls52 Whitcomb Crescent, Smiths Falls52 Whitcomb Crescent, Smiths Falls52 Whitcomb Crescent, Smiths Falls52 Whitcomb Crescent, Smiths Falls52 Whitcomb Crescent, Smiths Falls52 Whitcomb Crescent, Smiths Falls52 Whitcomb Crescent, Smiths Falls52 Whitcomb Crescent, Smiths Falls52 Whitcomb Crescent, Smiths Falls52 Whitcomb Crescent, Smiths Falls52 Whitcomb Crescent, Smiths Falls52 Whitcomb Crescent, Smiths Falls52 Whitcomb Crescent, Smiths Falls52 Whitcomb Crescent, Smiths Falls52 Whitcomb Crescent, Smiths Falls52 Whitcomb Crescent, Smiths Falls52 Whitcomb Crescent, Smiths Falls52 Whitcomb Crescent, Smiths Falls
$539,900
5.80 BTC
52 Whitcomb Crescent, Smiths Falls
2
BEDS
2
BATHS
$539,900
PRICE
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227 Lera Street, Smiths Falls227 Lera Street, Smiths Falls227 Lera Street, Smiths Falls227 Lera Street, Smiths Falls227 Lera Street, Smiths Falls227 Lera Street, Smiths Falls227 Lera Street, Smiths Falls227 Lera Street, Smiths Falls227 Lera Street, Smiths Falls227 Lera Street, Smiths Falls227 Lera Street, Smiths Falls227 Lera Street, Smiths Falls227 Lera Street, Smiths Falls227 Lera Street, Smiths Falls227 Lera Street, Smiths Falls227 Lera Street, Smiths Falls227 Lera Street, Smiths Falls227 Lera Street, Smiths Falls227 Lera Street, Smiths Falls227 Lera Street, Smiths Falls
$584,900
6.28 BTC
227 Lera Street, Smiths Falls
2
BEDS
2
BATHS
$584,900
PRICE
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107 Ferrara Drive, Smiths Falls107 Ferrara Drive, Smiths Falls107 Ferrara Drive, Smiths Falls107 Ferrara Drive, Smiths Falls107 Ferrara Drive, Smiths Falls107 Ferrara Drive, Smiths Falls107 Ferrara Drive, Smiths Falls107 Ferrara Drive, Smiths Falls107 Ferrara Drive, Smiths Falls107 Ferrara Drive, Smiths Falls107 Ferrara Drive, Smiths Falls107 Ferrara Drive, Smiths Falls107 Ferrara Drive, Smiths Falls107 Ferrara Drive, Smiths Falls107 Ferrara Drive, Smiths Falls107 Ferrara Drive, Smiths Falls107 Ferrara Drive, Smiths Falls107 Ferrara Drive, Smiths Falls107 Ferrara Drive, Smiths Falls
$649,900
6.98 BTC
107 Ferrara Drive, Smiths Falls
2 + 1
BEDS
2
BATHS
$649,900
PRICE
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514 Jason Street, Smiths Falls514 Jason Street, Smiths Falls514 Jason Street, Smiths Falls514 Jason Street, Smiths Falls514 Jason Street, Smiths Falls514 Jason Street, Smiths Falls514 Jason Street, Smiths Falls514 Jason Street, Smiths Falls514 Jason Street, Smiths Falls514 Jason Street, Smiths Falls514 Jason Street, Smiths Falls514 Jason Street, Smiths Falls514 Jason Street, Smiths Falls514 Jason Street, Smiths Falls514 Jason Street, Smiths Falls514 Jason Street, Smiths Falls
$100,000
1.07 BTC
514 Jason Street, Smiths Falls
2
BEDS
1
BATHS
$100,000
PRICE
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202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls202 Jack Street, Smiths Falls
$99,000
1.06 BTC
202 Jack Street, Smiths Falls
2
BEDS
1
BATHS
$99,000
PRICE
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