23 Strathcona Street, Smiths Falls, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of 901 - Smiths Falls. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $99,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 33 x 118 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- Efficient forced air heating via gas
Description
Prime Smiths Falls Investment Opportunity - Located in the heart of Smiths Falls, just one block from the historic Rideau Canal, this detached 2-storey home offers an unbeatable location within walking distance to downtown amenities, parks, shopping, and local restaurants. Situated in a highly desirable area with strong future upside potential, this property presents a rare opportunity for investors, contractors, and buyers looking for a full renovation project. The home is currently tenant-occupied; however, the tenants have not paid rent in a very long time. The property is being sold with the tenants in place, and it will be the buyer's responsibility to assume and manage the tenancy after closing. Please note: NO HEAT - gas service is currently not turned on and unsure if the furnace is in working condition. NO WATER - plumbing has frozen and sustained a lot of damage. NO HOT WATER - system is not operational. Rear addition has roof damage and has experienced leaking. Property requires extensive repairs and restoration throughout. This property is being sold as-is, where-is. The seller makes no representations or warranties regarding the condition of the home, its systems, or the tenancy. The price reflects the significant repairs required and the current circumstances. At least 24 hour notice on any showings and no offers will be presented until Sunday March 1st 2026 at 6:00pm as per Seller's Direction form 244.
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Property Summary
This detached home located at 23 Strathcona Street, Smiths Falls is currently for sale and has been available on SousaSells for 141 days. This property is listed at $99,000 with an estimated mortgage of $330* per month. It has 4 beds, 2 bathrooms, and is 700-1100 square feet. 23 Strathcona 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.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 23 Strathcona Street, Smiths Falls, ON K7A 1V8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Smiths Falls, ON
For a property listed at $99,000 in Smiths Falls, the legal minimum down payment is $4,950 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 $715 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 $715.
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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.