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$ 350,000
Est. payment /mo
Active
5 Robinson AVE Smiths Falls, ON K7A 1K3
2 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision 901 - Smiths Falls
MLS Listing ID X12710042
Style 1 1/2 Storey
Bedrooms 2
Annual Tax Amount $3,409
Tax Year 2025
Property Sub-Type Duplex
Property 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. Current rents are $1,700/month for Unit 1 and $1,600/month for Unit 2, 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. 24-36 hours must be given to both tenants for all showings.
Location
State ON
County Lanark
Community 901 - Smiths Falls
Area Lanark
Rooms
Family Room No
Basement Crawl Space
Kitchen 2
Interior
Interior Features None
Cooling None
Inclusions 2 stoves, 2 fridges, 2 washer, 2 dryers
Exterior
Exterior Feature Deck
Parking Features Private, Private Double
Pool None, On Ground
Roof Type Asphalt Shingle
Lot Frontage 66.0
Lot Depth 132.0
Total Parking Spaces 2
Building
Building Age 100+
Foundation Stone
Others
Senior Community No
ParcelsYN No
Listed by RE/MAX HOMETOWN REALTY INC
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