3-5 Mary Street N, Smiths Falls, ON K7A 3R6

Q: What is the Area Size of the 3-5 Mary Street N In Sq.Ft and it's MLS No.?

The project covers an area of approximately 2500-3000 sqft sq. ft and is strategically located in Lanark. The MLS No of this project is X13874990 and the Project is located in ON, Canada.

Q: How far is this property from my workplace?

You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.

Q: What are the Key Features 3-5 Mary Street N is Offering?

Square Yards is giving a Cashback of $2,550 if you buy this property from us, however there are several key features offered by the 3-5 Mary Street N. You get Beds with 4 Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.

Q: How many Parking Space available in this 3-5 Mary Street N?

3-5 Mary Street N in Lanark offers a total of 6 parking spaces for residents.

Q: How many Beds & Baths available in 3-5 Mary Street N, Lanark?

3-5 Mary Street N, Lanark comes with Beds for maximum convenience and space. There are 4 baths available as well for when you have guests over or if you have a large family!

Q: How many Apartments and Condos are available for Sale in Lanark, ?

Lanark, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately 862 apartments and condos available currently for your perusal.

3-5 Mary Street N, Smiths Falls MLS Number: X13874990

901 - Smiths Falls, Smiths Falls, Lanark, ON, K7A 3R6

INVESTOR OPPORTUNITY! Income-producing two-unit property offering strong current rental income, substantial recent capital investment and future value-add potential. The two fully renovated units generate $4,375/month in current gross rent, or $52,500 annually, with 0% current vacancy/credit loss and a history of rents being paid on time or early. Improvements and repairs over the past 3-4 years, including fully renovated units, new appliances, replacement windows, newer furnaces, plumbing improvements, basement sump pumps and additional updates.The 4-bedroom, 1.5-bath unit at 3 Mary features a fenced backyard, parking, unfinished basement and furnace installed in 2024. The 3-bedroom, 1.5-bath unit at 5 Mary offers a large fenced backyard, generous driveway parking, unfinished basement and furnace installed in 2024. Tenants pay gas and hydro directly, while lawn/yard maintenance and snow removal are tenant responsibilities.The property offers approximately $52,500 in current annual gross rental income and a 10.50% gross rental yield based on the 2024 appraised value of $500,000. Potential future upside may include rental optimization, additional property improvements and investigation of severance/land-use potential, subject to municipal approvals and due diligence.An excellent opportunity for investors seeking an established income-producing property with significant recent improvements and potential for further value creation.

Property Type	:Residential Freehold
MLS Number	:X13874990
Listing Type	:Sale
Possession Date	:
Last Updated	:08 Oct, 2026 (16 Days ago)
Source	:Toronto Regional Real Estate Board

Property Type

:Residential Freehold

MLS Number

:X13874990

Listing Type

:Sale

Possession Date