The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Exceptional Mixed-Use Investment Opportunity in the Heart of Smiths Falls! Commercially zoned and situated on approximately 0.3 acres, this high-exposure property offers an outstanding opportunity to own a well-maintained mixed-use building in one of the town's busiest locations. Building for sale only - business not included.The main level is home to the established Union Bar & Grill, while the upper level features a spacious residential apartment, creating excellent commercial and residential income potential. The property also includes a large detached double garage, generous storage space, an expansive parking lot, and room for future expansion (subject to municipal approvals).Located on a major thoroughfare with exceptional visibility and steady traffic, this property is just minutes from the downtown core and surrounded by established neighbourhoods, businesses, and amenities. Its prime location and flexible zoning make it an attractive opportunity for investors, entrepreneurs, and future owners alike.Whether you're expanding your investment portfolio or securing a versatile commercial asset with multiple income streams and future upside, 7 Union Street is an opportunity not to be missed. A versatile mixed-use investment offering location, visibility, flexibility, and outstanding long-term potential.
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Owners vs Renters
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,205/mo
Mortgage (principal + interest)$1,833
Property taxFrom listing: $4,472/yr$373
Minimum $24,495 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$97,980
Ontario land transfer taxProvincial brackets, no first-time refund$6,273
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$107,053
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Smiths Falls has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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