2 FOSTER AVENUE, Smiths Falls, ON K7A1K1
2 FOSTER AVENUE, Smiths Falls, ON K7A1K1
2 FOSTER AVENUE, Smiths Falls, ON K7A1K1
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$365,000
Est. payment /mo
3 Beds
2 Baths

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Approx. Sqft 0 - 699

Subdivision 901 - Smiths Falls

MLS® Listing ID X13100730

Bedrooms 3

Property Description

Located in the heart of the growing community of Smiths Falls, this exceptional duplex presents an outstanding investment opportunity for both seasoned investors and owner-occupants alike. Perfectly positioned on a desirable corner lot, this well-maintained property offers two self-contained units, each with independent driveways, private living spaces, and in-unit laundry - features highly sought after by today's tenants. The property consists of a cozy and efficient 1-bedroom unit currently generating $1,275/month, alongside a spacious 2-bedroom unit bringing in $1,700/month, providing strong and reliable income potential from day one. Current tenants are an excellent asset to the property, offering immediate cash flow and added peace of mind for the next owner. The upper unit has seen many recent updates, while the property as a whole has benefited from numerous improvements and upgrades throughout the Seller's ownership, reflecting true pride of ownership and ongoing care. Spacious, bright interiors and functional layouts create comfortable living environments that continue to attract quality tenants. Outside, the corner lot offers excellent access, ample parking, and added curb appeal. The attached single-car garage provides even more versatility - ideal for additional rental income, secure owner storage, or a workshop space. Conveniently located close to schools, shopping, parks, restaurants, and everyday amenities, this is an opportunity to own a solid income-producing property in one of Eastern Ontario's growing communities. Whether you are looking to expand your investment portfolio, offset your mortgage by living in one unit while renting the other, or secure a turnkey duplex with dependable tenants already in place, this property checks all the boxes. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters, Forced air, ,

Cooling None

Exterior

Parking Features Yes

View Y/N No

Attached Garage Yes

Total Parking Spaces 4

Garage Yes

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

Virtual Tour https://tours.virtualtoursottawa.com/2384684


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Dan Jutai

Dan Jutai

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