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$599,900
Smiths Falls
48 Elmsley Street South, Smiths Falls, Ontario, K7A3P6
This multi-family property in Smiths Falls is for sale offering roughly 3,250 sq ft of space. It has been on the market 68 days, fresher than the Smiths Falls average of 81 days.
Looking for a great investment property then this is the one for you. This 2 unit property offers a 3 bedroom, 1 bath unit at the front of the building and a 2 bedroom, 1 bath unit at the back of the building. Both units are spacious and have access to an oversized backyard that provides plenty of green space where tenants can relax and enjoy summer evenings. The property is centrally located and within walking distance to local parks, the downtown core, area and hospital. There have been a number of updates over the years which include: two furnaces, approximately 10 years old. One gas hot water tank, approximately 10 years old, owned. Roof shingles: approximately 10 years old. Windows: approximately 10 years old. Unit A pays $1125.00 per month with water/sewer, heat & hydro included. Unit B pays $1050.00 with water/sewer, heat & hydro included. The pictures are of the 2 bedroom. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 68 days on market, against an average age of 81 days across the listings currently for sale in this city
This 5-bed multi-family in Smiths Falls has been listed for 68 days, which is 13 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 $599,900, about 8.1× the local median household income of $74,500.
Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 57% above the area median.
Source: Statistics Canada, 2021 Census (FSA K7A)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.