
Smiths Falls, ON K7A 2C4
Turn-Key Duplex in Prime Smiths Falls Location - Ideal Investment or Owner-Occupied Opportunity! Welcome to this well-maintained and updated duplex located in the heart of Smiths Falls, just minutes from the hospital and essential amenities. This income-generating duplex boasts a 6.9% CAP rate, includes two self-contained units with separate electric and gas metering, one vacant and one tenanted at market rent, allowing for immediate income or owner occupancy. The property has benefited from notable capital improvements, including all new windows and precast cement sills, an interior basement drainage system with transferable warranty, and other updates that enhance efficiency, comfort, and long-term value. Each unit offers functional layouts with bright living spaces and separate entrances for privacy and ease of management. The vacant unit allows buyers to set their own tenant, achieve top market rent, or move in while the other unit helps offset the mortgage. Situated in a high-demand rental area close to the hospital, schools, and shopping, this duplex is well positioned for strong tenant appeal and long-term appreciation; an excellent opportunity for investors or live-in buyers alike!
TRREB MLS® Attribution
MLS® X12698616
Listed by EXP REALTY
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 trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$2,339
/month · $383,200 mortgage
Amortization
Total Interest
$318,506
Total Cost
$701,706
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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EXP REALTY