2 Gladstone Avenue, Smiths Falls, ON

$490,000
MLS#:X13609282
3 beds
2 baths
2000-2500 sqft
2.0 parking
Residential Freehold
2 Gladstone Avenue, Smiths Falls, ON K7H 1L2

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of 901 - Smiths Falls. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $490,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 59 x 36 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Carpet Free
  • Efficient radiant heating via gas

Description

Welcome to this beautifully maintained 1940s two-storey brick and stucco home, ideally situated in the heart of town within walking distance to shops, parks, the Rideau Canal, restaurants, and everyday amenities. Rich in original character, this timeless home showcases beautiful woodwork, a stunning staircase, and hardwood floors that reflect its classic charm. The main floor offers elegant formal living and dining rooms, an updated kitchen with pantry storage, convenient access from both the attached garage and rear entrance, as well as a main floor laundry room and powder room which is adjacent to the separate office space with its own entrance off the main street providing an excellent opportunity for those working from home, operating a home-based business, or in need of a private workspace. Upstairs, you'll find a spacious primary bedroom featuring two walk-in closets, two additional comfortable bedrooms, the main bathroom, and a bright, sun-filled sunroom that offers the perfect space to relax, read, or enjoy your morning coffee. The basement provides excellent storage and also offers direct access from the attached 12'6" x 18' garage, adding to the home's functionality. Blending timeless character with thoughtful updates and an unbeatable in-town location, this is a wonderful opportunity to own a home that's been lovingly cared for and ready for its next chapter. The roof was replaced approx. 2023, brickwork on chimney 2022 and newer natural gas boiler for efficient radiant heat throughout the home. The DC Zoning (Downtown Core) allows a number of permitted uses, contact listing agent for details. Immediate possession is available.

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Property Summary

This detached home located at 2 Gladstone Avenue, Smiths Falls is currently for sale and has been available on SousaSells for 10 days. This property is listed at $490,000 with an estimated mortgage of $1,631* per month. It has 3 beds, 2 bathrooms, and is 2000-2500 square feet. 2 Gladstone Avenue, Smiths Falls is in the 901 - Smiths Falls neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in 901 - Smiths Falls, Smiths Falls.

Highly Recommended for Families
What We Love About This Home
  • 3 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 2000-2500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Smiths Falls.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/27/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionBrick, Stucco (Plaster)
BasementUnfinished
Lot Size59 × 36 Feet
CountyLanark
Annual Tax$4,348
Legal DescriptionPT LT 286 N/S GLADSTONE Avenue PL 13884 LANARK S SOUTH ELMSLEY AS IN RS169911; S/T SPOUSAL INTEREST IN RS141539 ; TOWN OF SMITHS FALLS

Parking & Garage

Parking Total2.0
Parking Space1
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
CoolingNone

Features

Property Features

  • Library
  • Hospital

Interior Features

  • Carpet Free

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 2 Gladstone Avenue, Smiths Falls, ON

Q.What is the asking price for 2 Gladstone Avenue, Smiths Falls, ON ?

The current listing price for 2 Gladstone Avenue, Smiths Falls, ON in 901 - Smiths Falls, Smiths Falls is $490,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms across approximately 2000-2500 sqft.

Q.What property type and architectural style is 2 Gladstone Avenue, Smiths Falls, ON ?

2 Gladstone Avenue, Smiths Falls, ON is a Detached (1 1/2 Storey) featuring a Unfinished basement.

Q.What key property features does 2 Gladstone Avenue, Smiths Falls, ON offer?

Key property features include: Library, Hospital.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via None.

Location

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2 Gladstone Avenue, Smiths Falls, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 2 Gladstone Avenue, Smiths Falls, ON K7H 1L2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Smiths Falls.

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Interest Rate4.00%
Down Payment$147,000 (30.0%)
* Minimum Canadian down payment required for this price is $24,500.
Amortization Period30 Years
Estimated Monthly Payment$1,631Based on a loan of $343,000 over 30 years.
Purchase Price$490,000
Loan Amount$343,000
Provincial Land Transfer Tax:$6,275
Total Estimated Closing Taxes:$6,275

About Purchasing a Home in Smiths Falls, ON

For a property listed at $490,000 in Smiths Falls, the legal minimum down payment is $24,500 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 $6,275 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 $6,275.

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901 - Smiths Falls, Smiths Falls Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 901 - Smiths Falls, Smiths Falls.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$440,567

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in 901 - Smiths Falls, Smiths Falls

Elementary Schools

Duncan J Schoular
Public41 McGill Street South, Smiths Falls, Ontario, K7A 3M9
2.6
St Francis de Sales
Public4 Ross Street, Smiths Falls, Ontario, K7A 4L5
2.9
Chimo
Public11 Ross Street, Smiths Falls, Ontario, K7A 4V7
3.7

Secondary Schools

St. Luke Catholic
Catholic5 Catherine Street, Smiths Falls, Ontario, K7A 3Z9
0.9
Smiths Falls
Public10 Ontario Street, Smiths Falls, Ontario, K7A 4P9
3.7

901 - Smiths Falls, Smiths Falls Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.