$549,900
4.48 BTC
Photos
17 Lombard Street, Smiths Falls
$549,900
PRICE
6
BEDROOMS
3
BATHROOMS
X12651152
MLSID

17 Lombard Street, Smiths Falls

Cash-flowing investment property in the heart of Smiths Falls, just steps from the Rideau Canal. This well-maintained triplex offers strong, reliable income with a 5.49% cap rate and sits on a large corner lot with designated parking for each unit. Total annual income is $53,029.68 with expenses of $35,500.56, resulting in a healthy net income of $17,529.12. The building features three self-contained units, each offering two bedrooms and one full bathroom, along with shared laundry facilities in the basement, which has been spray foamed and the sewer lined replaced to ABS. Ideally positioned within walking distance to downtown Smiths Falls, schools, shopping, and everyday amenities, the consistent rental demand in Smiths Falls and a walkable location make this an attractive addition to any investment portfolio. Tenants can enjoy nearby Victoria and Centennial Parks, Turtle Island, and Murphy Park Public Beach, with easy access to festivals, skating, swimming, paddling, and year-round community events just steps from your front door. The downtown core is a short walk away, offering shops, restaurants, and scenic waterfront pathways. With a proven income stream, strong cap rate, ample parking, and an excellent lot size, this triplex represents a smart investment opportunity in a growing market.
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Summary

Address
17 Lombard Street
MLSID
X12651152
Property Type
Triplex
Property Category
Bedrooms
6
Bathrooms
3
Kitchens
3
Taxes (Annual)
$4,593.00
Tax Year
2025
Published
December 28, 2025
Days on Market
0 Days
Possession Type
Flexible
Possession Details
Negotiable
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Inclusions

Unit 1: Electric Stove, Hood Fan, Fridge. Unit 2: Electric Stove, Hood Fan, Fridge. Unit 3: Electric Stove, Hood Fan, Fridge, Portable Dishwasher.

Exclusions

Unit 1: Microwave, Tenant's Belongings. Unit 2: Stackable Washer and Dryer, Freezer.

Details

Bathroom 1
4-Piece Ground Level
Bathroom 2
2-Piece Second Level
Basement
Unfinished
Interior Features
Primary Bedroom - Main Floor, In-Law Suite, Intercom, Water Meter, Storage
Parking Spaces
5
Parking Total
5
Architectural Style
2-Storey
Roof
Asphalt Shingle
Construction Materials
Vinyl Siding
Lot Width
59 Feet
Lot Depth
117 Feet
Water
Municipal
Heat Source
Electric
Heat Type
Baseboard
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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29 Robinson Avenue, Smiths Falls29 Robinson Avenue, Smiths Falls29 Robinson Avenue, Smiths Falls29 Robinson Avenue, Smiths Falls29 Robinson Avenue, Smiths Falls29 Robinson Avenue, Smiths Falls29 Robinson Avenue, Smiths Falls29 Robinson Avenue, Smiths Falls29 Robinson Avenue, Smiths Falls29 Robinson Avenue, Smiths Falls29 Robinson Avenue, Smiths Falls29 Robinson Avenue, Smiths Falls29 Robinson Avenue, Smiths Falls29 Robinson Avenue, Smiths Falls
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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
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$110,000
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81 Zenway Blvd #25
Vaughan, ON L4H 0S2
Phone: (416) 800-1055
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(416) 800-1055
(416) 800-1055
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