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:28469)
Facts & features
Property
MLS® Number
X13755930
Property Type
Multi-family
Community Name
901 - Smiths Falls
Equipment Type
Water Heater
Parking Space Total
2
Rental Equipment Type
Water Heater
Building
Bathroom Total
2
Bedrooms Above Ground
4
Bedrooms Total
4
Amenities
Separate Electricity Meters
Basement Development
Unfinished
Basement Type
Full (unfinished)
Cooling Type
None
Exterior Finish
Brick
Foundation Type
Block, Stone
Heating Fuel
Natural Gas
Heating Type
Forced Air
Stories Total
2
Size Interior
1,500 - 2,000 Sqft
Type
Duplex
Utility Water
Municipal Water
Parking
No Garage
—
Land
Acreage
No
Sewer
Sanitary Sewer
Size Depth
63 Ft ,7 In
Size Frontage
65 Ft ,6 In
Size Irregular
65.5 X 63.6 Ft
Size Total Text
65.5 X 63.6 Ft
Zoning Description
Rm
Utilities
Electricity
Installed
Sewer
Installed
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$1,944/mo
Ontario land transfer tax
$5,255 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.