5 ROBINSON AVENUE, Smiths Falls, ON K7A1K3
901 - Smiths Falls
Key Facts
Description
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:31684)
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Parking Spaces
2
Listing #
X13142954
Property Features
Cooling
Heating
Affordability Calculator
$55,000
Estimated monthly payment
$1,464/mo
Principal $220,000 · Est. interest $306,920 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Smiths Falls, ON
- CA$609,070
- Median Listing Price
- 42
- Median Days on Market
- 1,300
- Median Sq Ft
- CA$415
- Median Price / Sq Ft
- 1,583
- Active Listings
- This home’s price is 55% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Smiths Falls, ON.
Location
Points of Interest in Smiths Falls, ON
Showing the Smiths Falls area map.
Nearby Schools
Duncan J School
School · 1.1 km away
St. Luke Catholic High School
Secondary · 1.5 km away
St Francis de Sales Catholic School
Elementary · 2.2 km away
Chimo Elementary School - Ucdsb
Elementary · 2.3 km away
Smiths Falls Indoor Winter Golf School
School · 2.7 km away
Smiths Falls District Collegiate Institute - Ucdsb
Secondary · 2.7 km away
Montague Public School
School · 5.8 km away
North Elmsley Public School
School · 8.6 km away
Lombardy Public School
School · 8.7 km away
Ecole Catholique Sainte-Marguerite-Bourgeoys
School · 14.1 km away
Merrickville Day Nursery School
School · 14.4 km away
Merrick Preparatory School
Secondary · 14.6 km away
Merrickville Public School
School · 15.0 km away
The Queen Elizabeth School
Elementary · 17.6 km away
St. John Catholic Elementary School
Elementary · 17.9 km away
Perth Children's House
School · 18.1 km away
Rosewood Studio School of Fine Woodworking
Secondary · 18.3 km away
St John Catholic High School
Secondary · 18.4 km away
The Stewart School - Ucdsb
Elementary · 18.9 km away
Drummond Central School
School · 19.4 km away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 13 THIRD STREET, Smooth Rock Falls (SRF), ON | CA$195,000 | 4 | 3 | — |
| 6065 MCLEOD Road 213, Niagara Falls, ON | CA$199,000 | 2 | 2 | — |
| 213 - 6065 MCLEOD ROAD, Niagara Falls (Arad/Fallsview), ON | CA$199,000 | 2 | 2 | — |
| 143 Essex Avenue, Iroquois Falls, ON | CA$199,000 | 3 | 3 | — |
| 143 ESSEX AVENUE, Iroquois Falls, ON | CA$199,000 | 3 | 3 | — |
| 20 STEVENS ROAD, West Nipissing (Sturgeon Falls), ON | CA$199,900 | 2 | 1 | — |
Moving Cost Estimate
EXIT Agents in Smiths Falls
Listing Courtesy: RE/MAX HOMETOWN REALTY INC
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