10 Glen Avenue

Smiths Falls, Ontario K7A 1R9

7 Bedrooms

4 Bathrooms

2,500 - 3,000 sqft Interior

6 Parking spaces

60 X 120 Ft Lot size

2 days ago Listed

None Radiant Heat

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About this home

This fully tenanted three-unit property offers excellent income potential in a central location close to the hospital, the Smiths Falls Memorial Community Centre and the shops, restaurants and other amenities of downtown Smiths Falls. Unit A is a two-bedroom, one-bathroom unit with basement access, laundry and storage. Unit B occupies the upper two floors and features four bedrooms, 1.5 bathrooms, ample storage, top-floor laundry and a private balcony. Unit C is a one-bedroom, one-bathroom unit with an enclosed porch and private entrance. The property also offers ample parking and two owned electric hot-water tanks. Immediate possession is possible if the buyer assumes the existing tenants. 24-hour irrevocable period is required on all offers. Minimum 24 hours notice for all showings. (id:28469)

Facts & features

Property

MLS® Number: X13770136
Property Type: Multi-family
Community Name: 901 - Smiths Falls
Parking Space Total: 6

Building

Bathroom Total: 4
Bedrooms Above Ground: 7
Bedrooms Total: 7
Amenities: Separate Electricity Meters
Appliances: Stove, Refrigerator
Basement Development: Unfinished
Basement Type: Full (unfinished)
Cooling Type: None
Exterior Finish: Brick
Foundation Type: Stone
Half Bath Total: 1
Heating Fuel: Natural Gas
Heating Type: Radiant Heat
Stories Total: 3
Size Interior: 2,500 - 3,000 Sqft
Type: Triplex
Utility Water: Municipal Water

Parking

Detached Garage: —
Garage: —

Land

Acreage: No
Sewer: Sanitary Sewer
Size Depth: 120 Ft
Size Frontage: 60 Ft
Size Irregular: 60 X 120 Ft
Size Total Text: 60 X 120 Ft

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

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: $3,099/mo
Ontario land transfer tax: $10,473 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

The Smiths Falls market

86 Active listings

$438,381 Median asking price

60% above median This home

32 days Avg. time on market

Browse all Smiths Falls listings →

Location

10 Glen Avenue, Smiths Falls, Ontario K7A 1R9 · Get directions