26 PEARL Street, Unit 307, Smiths Falls, ON

$169,900
MLS#:X10430079
1 beds
1 baths
500-599 sqft
1.0 parking
Residential Condo & Other
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Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of 901 - Smiths Falls. Expertly crafted featuring premium brick and other construction, this residence presents an exceptional opportunity offered at $169,900 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 500-599 sqft
  • Features a none, none basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Unknown
  • equipped with other central cooling and highly efficient baseboard heating via electric

Description

Flooring: Vinyl, THIS 1 BDRM CONDO IS A PERFECT PLACE TO START YOUR PROPERTY OWNERSHIP JOURNEY. A POSSIBLE INVESTMENT FOR YOUR PORTFOLIO OR PERHAPS A PLACE TO RETIRE AFFORDABLY. 26 PEARL IS A LOVELY BUILDING WITH RECENT COMMON IMPROVEMENTS INCLUDING WINDOWS AND PATIO DOORS. THIS UNIT FEATURES A GOOD SIZED LIVING ROOM WITH PATIO DOOR TO SMALL BALCONY OVERLOOKING A PARK LIKE SETTING (REAR OF SCHOOLYARD) WORKING GALLEY STYLE KITCHEN WITH AMPLE CUPBOARDS AND AN EATING AREA. 4 PC BATH, STORAGE ROOM IN THE UNIT AND A NICE BEDROOM WITH LOTS OF CLOSETS. THE UNIT IS IN NICE CONDITION, NEAT AND TIDY AND READY FOR A NEW OWNER. THIS BUILDING FEATURES STORAGE CLOSETS AND SHARED LAUNDRY IN THE BASEMENT. PARKING #307, STORAGE UNIT #307. HYDRO APPROX $110 A MONTH, CONDO FEE IS CURRENTLY $342 for 2025 - FRIDGE AND STOVE APPROX 1 YEAR OLD - CAT FRIENDLY BUILDING - NO DOGS (SERVICE ANIMALS CONSIDERED WITH PROPER DOCUMENTATION), THIS BUILDING DOES NOT HAVE AN ELEVATOR

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Property Summary

This condo apartment located at 26 PEARL Street, Smiths Falls is currently for sale and has been available on SousaSells for 604 days. This property is listed at $169,900 with an estimated mortgage of $566* per month. It has 1 bed, 1 bathroom, and is 500-599 square feet. 26 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.

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
500-599 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJanuary 29, 2025
Sold price information is available to members only
Listed Date11/19/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Other
BasementNone, None
CountyLanark
Annual Tax$1,465
Legal DescriptionUNIT 7,LEVEL 3, LANARK SOUTH CONDOMINIUM PLAN NO. 1 ; PT BLOCK D PL 27PL 7 TOWN OF SMITHS FALLS, PTS 1 & 2 27R3115 S/T RS65394 MORE FULLY DESCRIBED IN SCHEDULE 'A' OF DECLARATION RS100002 ; TOWN OF SMITHS FALLS

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingOther

Features

Property Features

Park

Interior Features

Unknown

Security Features

Unknown

Community Features

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Location

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26 PEARL Street, Unit 307, 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 26 PEARL Street 307, Smiths Falls, ON K7A 5B5

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$50,970 (30.0%)
* Minimum Canadian down payment required for this price is $8,495.
Amortization Period30 Years
Estimated Monthly Payment$566Based on a loan of $118,930 over 30 years.
Purchase Price$169,900
Loan Amount$118,930
Provincial Land Transfer Tax:$1,424
Total Estimated Closing Taxes:$1,424

About Purchasing a Home in Smiths Falls, ON

For a property listed at $169,900 in Smiths Falls, the legal minimum down payment is $8,495 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 $1,424 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 $1,424.

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City & 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$463,581

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%

Local Schools Guide

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

Homes & Housing

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.