$699,900

For sale

154-156 Beckwith Street, Smiths Falls, Ontario, K7A2C6

7 bd3 ba4 pk2,750 ft²Lot size 75 × 97 ft (7,228 sq ft)

Listed by CENTURY 21 SYNERGY REALTY INC.

3-5 North Mary Street North, Smiths Falls, Ontario, K7A3R6

For sale

27 days ago

$510K

3-5 North Mary Street North, Smiths Falls, Ontario, K7A3R6

7 bd4 ba6 pk2,750 ft²Lot size 66 × 132 ft (8,712 sq ft)

Listed by ROYAL LEPAGE PERFORMANCE REALTY

110 Chambers Street, Smiths Falls, Ontario, K7A2Z1

For sale

40 days ago

$580K

110 Chambers Street, Smiths Falls, Ontario, K7A2Z1

4 bd2 ba3 pk2,250 ft²Lot size 66 × 40 ft (2,640 sq ft)

↓ $50K (10%) price drop

34 Market Street, Smiths Falls, Ontario, K7A2E6

4 bd4 ba1,750 ft²Lot size 47 × 30 ft (1,410 sq ft)

Listed by ROYAL LEPAGE INTEGRITY REALTY

Investment analysis

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$699,900

Smiths Falls

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10 Glen Avenue, Smiths Falls - Multi-family for Sale

10 Glen Avenue, Smiths Falls, Ontario, K7A1R9

7 beds4 baths6 parking2,750 ft²60 × 120 ft (7,200 sq ft) lot sizeListed 54 days ago

Overview

This multi-family property in Smiths Falls is for sale offering roughly 2,750 sq ft of space. It has been on the market 54 days, fresher than the Smiths Falls average of 81 days.

Multi-Family Properties for Sale in Smiths Falls →All real estate in Smiths Falls →

Description

This fully tenanted three-unit property offers excellent income potential in a central location close to the hospital, the Smiths Falls Memorial Community Centre and the shops, restaurants and other amenities of downtown Smiths Falls. Unit A is a two-bedroom, one-bathroom unit with basement access, laundry and storage. Unit B occupies the upper two floors and features four bedrooms, 1.5 bathrooms, ample storage, top-floor laundry and a private balcony. Unit C is a one-bedroom, one-bathroom unit with an enclosed porch and private entrance. The property also offers ample parking and two owned electric hot-water tanks. Immediate possession is possible if the buyer assumes the existing tenants. 24-hour irrevocable period is required on all offers. Minimum 24 hours notice for all showings. (id:66096)

Property Details

MLS®: X13770136
Property Type: Multi-family
Bedrooms: 7
Beds (above / below): 7 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 6
Interior Size: 2,750 ft²
Lot Size: 60 × 120 ft (7,200 sq ft)
Frontage: 60 ft
Storeys: 3
Basement: Unfinished, Full
Heating: Radiant heat, Natural gas
Cooling: None
Garage: Detached Garage, Garage
Property Tax: $5,178/yr
Listed: 54 days ago

Features

Appliances: Refrigerator, Stove
Foundation: Stone
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

54d

Smiths Falls listings, avg age

81d

Price / ft²

$255

List price

$700K

Haho

This 7-bed multi-family in Smiths Falls has been listed for 54 days, which is 27 days fresher than the city average of 81. Act while there is still low competition.

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Listed by REMAX BOARDWALK REALTY · Tyler Thompson

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K7A)

This home lists at $699,900, about 9.4× the local median household income of $74,500.

Carrying it typically needs a household income of about $136,715 (20% down, 25-yr amortization, stress-tested) — roughly 84% above the area median.

Median household income: $74,500
Population: 17,575
Median age: 46.8
Owner / renter: 72% / 28%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K7A)

$699,900· $255/ft²

For sale

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Full Cost Breakdown

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Down Payment6.43% · $44,990.00

Min 6.43%50%

Mortgage payment$3,631/mo

↳ CMHC premium ($26,196 capitalized)

Property tax (est.)$432/mo

Total monthly$4,062

Cash Needed to Close

Down payment (6.43%)$44,990

Land transfer tax$10,473

Est. closing costs$4,600

Total cash needed$60,063

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