For Sale Multi-Family

71 Stephen Street

$499,900
Smiths Falls, Ontario K7A 1K7 MLS® X12873084
5 Bedrooms
2 Bathrooms
1,100 - 1,500 sqft Interior
4 Parking spaces
50 X 110 Ft Lot size
None Baseboard Heaters

About this home

Vacant upper unit, tenanted lower unit. Good upside potential here. This up/down duplex offers 3 bedrooms upstairs with a 4- piece bathroom, a kitchen, laundry closet, a dining area, a living room and mudroom entrance. The lower level adds a second self-contained suite with 2 more bedrooms, a 2nd kitchen, another living room and dining area plus a 4- piece bathroom. The home has 2 100-amp breaker panels, each unit with its own meter. Steel roofing (2022). One new hot water tank in 2014 and one in 2024. This is a great opportunity to live in and rent one suite or rent both units. An easy managed lot with parking on the side. Lower suite is currently tenanted and is being sold with a Buyer assuming the tenancy. Tenant paying $1100/month plus Hydro (heat) on a 1year lease through to Sept 2026. Good sized yard. Parking for 4 vehicles. Steel roofing too. Note: Photos available only for the upper vacant unit. Lower level tenant is good and tidy but requested privacy. (id:28469)

Facts & features

Property

MLS® Number
X12873084
Property Type
Multi-family
Community Name
901 - Smiths Falls
Features
Carpet Free
Parking Space Total
4

Building

Bathroom Total
2
Bedrooms Above Ground
3
Bedrooms Below Ground
2
Bedrooms Total
5
Amenities
Separate Heating Controls, Separate Electricity Meters
Appliances
Water Heater, Water Meter, Stove
Basement Development
Finished
Basement Features
Apartment In Basement
Basement Type
N/a, N/a (finished)
Cooling Type
None
Exterior Finish
Vinyl Siding
Foundation Type
Concrete
Heating Fuel
Electric
Heating Type
Baseboard Heaters
Stories Total
2
Size Interior
1,100 - 1,500 Sqft
Type
Duplex
Utility Water
Municipal Water

Parking

No Garage

Land

Acreage
No
Sewer
Sanitary Sewer
Size Depth
110 Ft
Size Frontage
50 Ft
Size Irregular
50 X 110 Ft
Size Total Text
50 X 110 Ft
Zoning Description
R3 Residential

Utilities

Cable
Available
Electricity
Available
Sewer
Available

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.

Rooms

Lower Level

  • Kitchen 3.87 m x 3 m
  • Laundry Room 2.56 m x 2.05 m
  • Living Room 3.86 m x 4.35 m
  • Dining Room 3.86 m x 2.3 m
  • Bedroom 3.97 m x 3.1 m
  • Bedroom 2 4.06 m x 2.76 m

Upper Level

  • Living Room 5.94 m x 4.02 m
  • Kitchen 3.43 m x 2.45 m
  • Bedroom 4.02 m x 2.71 m
  • Bedroom 2 3.65 m x 3.02 m
  • Bedroom 3 3.56 m x 3.88 m
  • Dining Room 3.8 m x 2.2 m

Location

71 Stephen Street, Smiths Falls, Ontario K7A 1K7  ·  Get directions