Investment opportunity in Smiths Falls with a projected cap rate of 9.59%! Large side-by-side updated 2 storey duplex is separately metered & consists of one 4 bedroom, 1.5 bath unit & one 3 bedroom, 1bath unit. Choose your own tenants on the vacant side and assume the tenants paying market rent on the other OR move in and enjoy while having a mortgage helper. 154 Beckwith is rented for $1,850/month and all utilities paid by the tenant. An open dining and living space with powder room on main level. Kitchen & laundry are renovated with new backsplash, sink and faucet. All appliances are owned by the tenant. Upstairs are 4 beds & a 4pc bath. Freshly painted with new laminate flooring, all exterior doors, deck & HWT (all in 2023), back porch, attached storage/workshop, detached shed, large yard, parking for 4 vehicles. 156 is currently vacant and just underwent $35,000 in renovations including all brand new flooring, paint, carpet on the stairs, a new toilet, a new vanity, and all new appliances. This side offers 3 bedrooms and a 4pc bath with large yard, back enclosed porch, parking for 2 & plenty of storage space. Projected market rent for this unit is $2,000/month. Other building updates include: electrical (2010), newer windows, roof (2013), storage/workshop roof (2021), foundation re-parged. Excellent location, walking distance to downtown Smiths Falls and easy access to Highway 15 and commuting into the city. 24hrs irrevocable on all offers.
| MLS # | X14089200 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 7 |
| Listing Provided By | CENTURY 21 SYNERGY REALTY INC. | X14089200 485605 |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 3 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.17 |
| Interior Features | Water Heater Owned |
|---|---|
| Cooling | None |
| Heat Source | Oil |
| Fireplace Yes / No | No |
| Roof | Asphalt Shingle |
|---|---|
| Foundation Details | Stone |
| Construction Materials | Vinyl Siding |
| Security Features | Smoke Detector, Carbon Monoxide Detectors |
| Garage Yes / No | No |
|---|
| Sewer | Sewer |
|---|
| Tax Annual Amount | 3858 |
|---|---|
| Tax Legal Description | LT 21 W/S BECKWITH ST PL 13884 LANARK S MONTAGUE; LT F NE/S KENSINGTON Avenue PL 13884 LANARK S MONTAGUE ; TOWN OF SMITHS FALLS |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| County | Lanark |
| City | Smiths Falls |
| Postal Code | K7A 2C6 |
| Area | 901 Smiths Falls |
| Listing VS Median (in K7A 2C6) | |
Price: $399,900 low | high Med: $0 On site: 7 low | high Med: | |
| Province | ON |
|---|---|
| County | Lanark |
| City | Smiths Falls |
| Postal Code | K7A 2C6 |
| Area | 901 Smiths Falls |
| Listing VS Median (in K7A 2C6) | |
Price: $399,900 low | high Med: $0 On site: 7 low | high Med: | |