Versatile 2-Storey Property with Commercial Zoning + Grandfathered Residential Use. This impeccably maintained two-storey property offers exceptional flexibility for investors or owner-occupants alike. Zoned commercial with grandfathered residential use on both floors, the building features two updated self-contained units with separate entrances. The main floor unit generates $1,800/month in rental income. The second-floor unit, previously rented for $2,050/month, is being left vacant to provide options for owner-occupancy or to attract tenants of your choosing. Extensively updated over the past six years, this property boasts new kitchens, bathrooms, all windows (2019), flooring, furnace (2021), and A/C (2020). Both units are both units are bright and flooded with bright natural light, this home is truly spotless and move-in ready and just a 1 minute walk to downtown restaurants and cafes and proximity to Smiths Falls Beach Park. Whether you're seeking a live/work setup, an income-generating property, or a unique space with future commercial potential, this opportunity checks all the boxes.