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 separately gas/electric metered. 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
X13753928
Property Type
Multi-family
Community Name
901 - Smiths Falls
Equipment Type
Water Heater
Rental Equipment Type
Water Heater
Building
Cooling Type
None
Heating Fuel
Natural Gas
Heating Type
Forced Air
Size Interior
1,750 Sqft
Type
Multi-family
Utility Water
Municipal Water
Land
Acreage
No
Size Depth
63 Ft ,6 In
Size Frontage
65 Ft ,6 In
Size Irregular
65.5 X 63.57 Ft
Size Total Text
65.5 X 63.57 Ft
Zoning Description
Rm
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.