REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
-
Est. payment | /mo
3 Beds
2 Baths
-
Est. payment | /mo
3 Beds
2 Baths
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft < 700
Subdivision 901 - Smiths Falls
MLS Listing ID X13100730
Style 2-Storey
Bedrooms 3
Annual Tax Amount $3,716
Tax Year 2025
Property Sub-Type Duplex
Property Description
Located in the heart of the growing community of Smiths Falls, this exceptional duplex presents an outstanding investment opportunity for both seasoned investors and owner-occupants alike. Perfectly positioned on a desirable corner lot, this well-maintained property offers two self-contained units, each with independent driveways, private living spaces, and in-unit laundry - features highly sought after by today's tenants. The property consists of a cozy and efficient 1-bedroom unit currently generating $1,275/month, alongside a spacious 2-bedroom unit bringing in $1,700/month, providing strong and reliable income potential from day one. Current tenants are an excellent asset to the property, offering immediate cash flow and added peace of mind for the next owner. The upper unit has seen many recent updates, while the property as a whole has benefited from numerous improvements and upgrades throughout the Seller's ownership, reflecting true pride of ownership and ongoing care. Spacious, bright interiors and functional layouts create comfortable living environments that continue to attract quality tenants. Outside, the corner lot offers excellent access, ample parking, and added curb appeal. The attached single-car garage provides even more versatility - ideal for additional rental income, secure owner storage, or a workshop space. Conveniently located close to schools, shopping, parks, restaurants, and everyday amenities, this is an opportunity to own a solid income-producing property in one of Eastern Ontario's growing communities. Whether you are looking to expand your investment portfolio, offset your mortgage by living in one unit while renting the other, or secure a turnkey duplex with dependable tenants already in place, this property checks all the boxes.
Location
Province ON
County Lanark
Area Lanark
Zoning R3
Rooms
Family Room No
Basement Unfinished
Kitchen 2
Interior
Interior Features Other
Cooling None
Exterior
Parking Features Other
Garage Spaces 1.0
Pool None
Roof Type Asphalt Shingle,Metal
Lot Frontage 58.0
Lot Depth 70.0
Total Parking Spaces 4
Building
Foundation Stone
Others
Senior Community Yes
ParcelsYN No
Listed by RE/MAX AFFILIATES MARQUIS
Schools and Properties Nearby
Find out why customers are choosing LPT Realty to meet their real estate needs
Learn More About LPT Realty