$250,000
Smooth Rock Falls
177 Elaine Avenue, Smooth Rock Falls (SRF), Ontario, P0L2B0
This multi-family property in Smooth Rock Falls is for sale offering roughly 1,750 sq ft of space.
Discover a rare opportunity to own a completely renovated duplex that offers both modern living and the potential for rental income. This beautifully updated home provides the perfect chance to live in the main unit while renting out the upper level, making it an ideal investment with versatile living options. The primary unit, located on the main floor, welcomes you with a spacious kitchen and a convenient back entrance. The living room offers a cozy atmosphere, with a nearby storage room to keep everything organized. This level also includes two comfortable bedrooms, a 4-piece bathroom, and a front entrance. The fully finished basement extends your living space with a rec room featuring a gas fireplace, a third bedroom, a bonus room, a 3-piece bathroom, a laundry area, utility space, and additional storage. The primary unit is heated with gas forced-air furnace. The second-level unit has its own entrance through a large porch. Inside, you'll find a kitchen, a living room with a storage room, three bedrooms, and a 4-piece bathroom with laundry hook-up. This unit is heated with a gas space heater and electric baseboards. The property offers plenty of parking with an interlocking driveway and includes a two-section garage (12x32 and 10x22) and a storage shed. Every inch of this duplex has been meticulously renovated, from new insulation, plumbing, and electrical systems to fresh finishes, flooring, walls, ceilings, lighting, siding, roof shingles, doors, and windows. This move-in-ready home is a true gem, fully gutted and renovated. Make it yours today and enjoy the benefits of a brand-new, beautifully designed space. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 184 days on market, against an average age of 91 days across the listings currently for sale in this city
This 7-bed multi-family in Smooth Rock Falls (SRF) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $250,000, about 3.2× the local median household income of $77,500.
Carrying it typically needs a household income of about $48,834 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P0L)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.