For Sale Multi-Family

5 Robinson Avenue

$275,000
Smiths Falls, Ontario K7A 1K3 MLS® X13142954
2 Bedrooms
2 Bathrooms
1,500 - 2,000 sqft Interior
2 Parking spaces
66 X 132 Ft Lot size
On Ground Pool None Forced Air

About this home

DUPLEX- This turnkey 1900 sq. ft. duplex is generating strong income from day one, making it an excellent investment opportunity or an ideal owner-occupied property. The main-floor unit is a spacious 2-bedroom, 1-bath suite featuring a fenced private backyard and covered deck. All appliances are included (dishwasher not connected and sold as is). The upper unit offers a 2+1 bedroom, 1-bath layout with appliances included and access to an upper deck from one of the bedrooms. As of June 1st rents will be $1,735.70/month for Apt. 5 and $1,633.60/month for Apt 3, with tenants paying their own heat and hydro. Water and sewer are paid by the landlord. Hot water heaters are rentals at $18.58 + HST per unit, and both furnaces are rentals at $93.21 + HST per unit ($223.58 + HST monthly total, and furnaces are transferable). Annual water and sewer costs are approximately $1,400. Whether you're looking to invest, live in one unit while the rental income helps cover most of the mortgage, or add to your investment portfolio, this property is a smart and flexible way to enter-or expand within-the housing market. All pictures are prior to tenants moving in. Many updates have been done to both units; pictures are prior to tenants. 24 hours must be given to both tenants for all showings. Both tenants are month to month. (id:28469)

Facts & features

Property

MLS® Number
X13142954
Property Type
Multi-family
Community Name
901 - Smiths Falls
Equipment Type
Water Heater, Furnace
Parking Space Total
2
Pool Type
On Ground Pool
Rental Equipment Type
Water Heater, Furnace
Structure
Deck

Building

Bathroom Total
2
Bedrooms Above Ground
2
Bedrooms Total
2
Age
100+ Years
Appliances
Dryer, Two Stoves, Two Washers, Two Refrigerators
Basement Type
Crawl Space
Cooling Type
None
Exterior Finish
Vinyl Siding
Foundation Type
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
132 Ft
Size Frontage
66 Ft
Size Irregular
66 X 132 Ft
Size Total Text
66 X 132 Ft

Monthly payment estimate

$
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.

Location

5 Robinson Avenue, Smiths Falls, Ontario K7A 1K3  ·  Get directions