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Tony & Ledi Real Estate Team

info@tonyledi.com +1(647) 493-3579

Est. payment | -/mo

4 Beds

2 Baths

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Est. payment | -/mo

Save Virtual Tour

4 Beds

2 Baths

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision 901 - Smiths Falls

MLS Listing ID X13827710

Style 2-Storey

Bedrooms 4

Annual Tax Amount $4,062

Tax Year 2025

Property Sub-Type Duplex

Property Description

TURNKEY INCOME OPPORTUNITY Duplex with $3,200/MONTH in current rental income! Welcome to 110 Chambers Street, a well-established two-unit property offering strong cash flow, separate hydro and over $60,000 in significant recent improvements. The upper unit rents for $1,400/month, while the lower unit generates $1,800/month. Tenants pay their own separately metered hydro, with the owner covering gas and water. Major capital improvements provide added peace of mind, including a new shingled roof with added sheeting (2022 - $20,300), new upper-unit washing machine (2024 - $1,000), new flat roof (2025 - $3,600), extensively restructured and replaced decks ($37,400), and updated lower eaves troughing on the Market Street side ($1,250). Original windows have also been replaced with vinyl windows. The property features radiant heating supplied by a high-efficiency gas boiler. The upper unit has an electric stove and electric water heater, while the lower unit has an electric stove and gas water heater. Parking is another bonus, with 2 spaces for the upper unit, potentially 3 with tandem parking, plus 1 space for the lower unit. With established tenants, impressive recent improvements and immediate rental income already in place, this is a compelling opportunity to add a solid income-producing property to your investment portfolio. Basement bathroom is being sold "as is."

Location

Province ON

County Lanark

Area Lanark

Rooms

Family Room No

Basement Full, Unfinished

Kitchen 2

Interior

Interior Features None

Cooling Central Air

Inclusions 2 Refrigerators, 2 Stoves, 2Dishwashers, 2 Washers, 2Dryers.

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 66.0

Lot Depth 40.0

Total Parking Spaces 3

Building

Foundation Stone

Others

Senior Community No

ParcelsYN No

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Listed by EXP REALTY

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110 Chambers ST Smiths Falls, ON K7A 2Z1