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$419,000
Smiths Falls
119 Beckwith Street North, Smiths Falls, Ontario, K7A2C4
This multi-family property in Smiths Falls is for sale offering roughly 1,750 sq ft of space. It has been on the market 57 days, fresher than the Smiths Falls average of 81 days.
Exceptional turnkey duplex with a classic red-brick exterior, offering solid income and recent property upgrades. The building features two self-contained 2-bedroom, 1-bathroom units, each with en-suite laundry, and separate gas/electric meters. One unit is newly vacant, having most recently rented for $1,700 per month, offering a new owner flexibility to select their own tenant or occupy. Recent improvements include new windows, masonry repairs, new floors, and fresh interior paint, helping reduce near-term capital needs. Located approximately 45 minutes from downtown Ottawa, the property offers an attractive balance of affordability, tenant demand, and long-term growth potential. Whether you're adding to an existing portfolio or stepping into your first multi-unit investment, this property offers immediate income and upside in a desirable commuter location. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 57 days on market, against an average age of 81 days across the listings currently for sale in this city
This 4-bed multi-family in Smiths Falls has been listed for 57 days, which is 24 days fresher than the city average of 81. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $419,000, about 5.6× the local median household income of $74,500.
Carrying it typically needs a household income of about $81,845 (20% down, 25-yr amortization, stress-tested) — roughly 10% above the area median.
Source: Statistics Canada, 2021 Census (FSA K7A)
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Loading rates, 30-yr amortization
Cash Needed to Close
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