178 Chambers Street, Smiths Falls, ON
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of 901 - Smiths Falls. Expertly crafted featuring premium brick and concrete block construction, this residence presents an exceptional opportunity offered at $339,900 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.
- 5 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning < 700 sqft on a premium 58 x 115 ft lot
- Features a none, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Separate Hydro Meter, Separate Heating Controls
- Efficient forced air heating via gas
Description
Exceptional investment opportunity in Smiths Falls! This spacious duplex is ideally located within walking distance to downtown amenities, restaurants, shopping, parks, and everyday conveniences, making it an attractive option for both investors and tenants alike. Offering two well laid out units, this property features a spacious 3-bedroom unit and a well-appointed 2-bedroom unit, each with their own laundry facilities and parking spaces for added convenience. With the soon-to-be vacant 3-bedroom unit generating $1,175/month and the 2-bedroom unit bringing in $1,400/month, providing immediate income potential with room for future growth. The layout of both units offers comfortable living spaces, functional kitchens, and nice size bedrooms that appeal to long-term renters. A rare bonus is the double car garage, presenting endless possibilities for additional income, tenant storage, workshop space, or personal owner use. Whether you're looking to expand your investment portfolio, live in one unit while generating income from the other, or secure a property with strong future upside, this duplex offers flexibility and value. With strong rental appeal, ample parking, and a convenient location close to schools, parks, and downtown amenities, this is an excellent opportunity to own a solid income-producing property. Opportunity knocks - call today!
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Separate Hydro Meter, Separate Heating Controls
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 178 Chambers Street E, Smiths Falls, ON K7A 2Z6
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About Purchasing a Home in Smiths Falls, ON
For a property listed at $339,900 in Smiths Falls, the legal minimum down payment is $16,995 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 $3,574 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 $3,574.
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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.