I have listed a new property at 2 Gladstone Avenue in Smiths Falls. See details here

In the heart of Smiths Falls, just steps from cafés, parks, and the library across the street, this 1940 brick home blends the warmth of history with the ease of in town living. Its character is evident the moment you step inside, where rich millwork and the glow of hardwood refinished in 2025 set a welcoming tone. The living room centres on a wood fireplace waiting to be certified and brought back into daily use. The formal dining room and practical galley kitchen create a comfortable flow, with direct access to the attached garage. A three piece bath and a front office with their own exterior entrance provide a rare setup for professionals who need a private workspace. Upstairs, sunlight gathers in the second level sunroom, an inviting retreat for work, reading, or warm summer nights. The large primary bedroom offers two closets and a dressing area. Down the hall, you'll find two additional spacious bedrooms and a generous three piece bath. The unfinished basement, reached from an interior stairway or through a hatch in the garage, houses the utilities and offers ample storage. Hedges frame the home's front entrance, lending a splash of greenery to its walkable downtown setting. Steady, consistent updates have supported the home's long life. The roof was replaced around 2023, the chimney shaft and brickwork were replaced in 2022. The newer natural gas boiler provides efficient radiant heat through the existing radiator system. Inside, major repainting was completed this year along with the install of a brand new garage door. This is a home for those who value heritage are looking to make the most of this great downtown location.

I have listed a new property at 151 Chambers Street in Lanark. See details here

This well-maintained, fully tenanted multiplex presents a strong opportunity for investors seeking a reliable income property with clear upside. Zoned R4 and located within walking distance of downtown Smiths Falls, the building includes six residential units: two 2-bedroom apartments, three 1-bedroom units, and one bachelor suite. All units save the bachelor are separately metered, with those tenants paying their own hydro. All units are heated by electric baseboard, and domestic hot water is supplied via a shared natural gas hot water tank. Two units have been recently renovated, and windows have been updated as needed over time. The property has been owned and maintained by a respected local general contractor for over 30 years, reflecting consistent care and stewardship. Key systems, including windows and the roof, have been updated as necessary over the years. With a current net operating income of $42,070, the property delivers a cap rate of 4.95% based on existing rents. However, with rents well below market value, there is significant room for growth. A pro forma using typical local rents projects a cap rate of 7% or more, even with allowances for management and maintenance. The property includes six on-site parking spots and is located directly adjacent to a public park, with a baseball diamond just across the street. Only a short walk to the Rideau River, restaurants, shopping, and other amenities, this property combines stable income with long-term potential in one of Eastern Ontario's most accessible mid-size markets. Further photos and projected income analysis available upon request.