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$375,000
Smiths Falls
25 ELMSLEY Street South, Smiths Falls, Ontario, K7A5J4
This 2-bedroom, 1-bathroom home in Smiths Falls is for sale offering roughly 900 sq ft of space. Listed at $375,000, it is attractively priced about 6% below the $399,990 median asking price in Smiths Falls. It has been on the market 6 days, fresher than the Smiths Falls average of 81 days.
Welcome to 25 Elmsley Street South, a fantastic opportunity to invest in the growing community of Smiths Falls! This two-bedroom, one-bathroom raised semi-detached bungalow offers a functional layout, comfortable living spaces, and plenty of potential. The main level features a bright, open-concept living and dining area, creating an inviting space for everyday living and entertaining. The kitchen offers a practical layout, while two well-sized bedrooms and a full bathroom complete the main floor. The unfinished lower level provides generous storage space and exciting possibilities for future finishing, whether you envision a recreation room, home office, or additional living space. Outside, enjoy a side deck, backyard space, and a convenient storage shed. Notable improvements include a metal roof and updated front door, both completed in 2020. Situated in an established neighborhood, this property offers a 2 minute walk access to downtown Smiths Falls, local shops, restaurants, parks, schools, and everyday amenities". Currently tenant-occupied, this home presents an appealing opportunity for investors looking to expand their real estate portfolio, while also offering long-term potential for buyers considering future personal use. Whether you're searching for your first investment property or looking to add to an existing portfolio, 25 Elmsley Street South is a property worth exploring! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Just listed: 6 days on market, against an average age of 81 days across the listings currently for sale in this city
This 2-bed single family in Smiths Falls has been listed for 6 days, which is 75 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 $375,000, about 5.0× the local median household income of $74,500.
Carrying it typically needs a household income of about $73,251 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA K7A)
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Loading rates, 30-yr amortization
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