Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 901 - Smiths Falls. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $229,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
JUST REDUCED $10,000.00!...WHY RENT?... WHEN YOU CAN BUY THIS BEAUTIFUL, COMPLETELY RENOVATED 2 BEDROOM, 2ND FLOOR SUITE LOCATED IN A LOW RISE CONDO COMPLEX. THIS IS A VERY CLEAN, QUIET AND WELL MAINTAINED BUILDING. LOCATED IN A GREAT AREA NEAR SHOPPING, SCHOOLS, RECREATION, DOWNTOWN & THE RIVER. THIS APARTMENT HAS A SPACIOUS, OPEN AIR COVERED BALCONY, A STORAGE ROOM IN SUITE. 3 ROOM AIRCONDITIONERS INCLUDED IN THE SALE. ONE PARKING SPACE IS ALSO INCLUDED (MORE ARE AVAILABLE FOR APPROX. $50 PER MONTH), SHARED PAY PER LOAD LAUNDRY IN BUILDING. LOW CONDO FEES, HEATING COSTS, HOT WATER IS PROVIDED BY A CENTRAL WATER HEATING SYSTEM. VERY ECONOMICAL CONDO OWNERSHIP. PLEASE NOTE THAT THE PROPERTY IS CURRENTLY TENANTED AND CAN BE ASSUMED. VACANT POSSESSION IS AVAILABLE. GREAT TENANTS ARE CURRENTLY PAYING $1700 PLUS HYDRO. PLEASE CONTACT AGENT FOR DETAILS. THIS PROPERTY IS PRICED TO SELL!
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This condo apartment located at 8 Pearl Street, Smiths Falls is currently for sale and has been available on SousaSells for 401 days. This property is listed at $229,900 with an estimated mortgage of $765* per month. It has 2 beds, 1 bathroom, and is 900-999 square feet. 8 Pearl Street, Smiths Falls is in the 901 - Smiths Falls neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Hospital, School, Place Of Worship, Golf
Air Exchanger, Storage
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 8 Pearl Street 201, Smiths Falls, ON K7A 5B5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Smiths Falls.
About Purchasing a Home in Smiths Falls, ON
For a property listed at $229,900 in Smiths Falls, the legal minimum down payment is $11,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,024 for this transaction. As this listing is in Smiths Falls (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,024.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.