26 PEARL Street, Unit 105, Smiths Falls, ON

$249,500
MLS#:X10744102
2 beds
1 baths
800-899 sqft
1.0 parking
Residential Condo & Other
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Property no longer active

This property was sold on May 21, 2025. This listing is for reference purposes only. to view the sold price.

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 $249,500 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 800-899 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: Water Heater Owned
  • Efficient baseboard heating via electric

Description

Don't miss this good sized 2- bedroom ground level (no stairs to deal with) walk-in condo offering a like new feel and extensive updating. Stress free living, no grass to cut, no snow to shovel, clean and bright. Simply move in and enjoy. You will appreciate the in-suite washer and dryer, stainless fridge, stove and microwave/hood-fan. Whether to enjoy the fresh air or to test your gardening skills, you'll also love the fenced private patio area and easy walking distance to shopping, parks, schools & trails. Updating includes windows, patio door, freshly painted, quality waterproof vinyl plank flooring throughout, new trim, new light fixtures, new switches and plates, new bathroom taps and more. A modern kitchen, clean bright bathroom, living room with sliding doors to the outside patio. Securely controlled main entry and one assigned parking too. In addition to an in-suite storage closet, there is also a storage cubical assigned close by in the building. Hydro averages $153/month. Condo Fee $451.76/month. Taxes $1482/2024.

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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 602 days. This property is listed at $249,500 with an estimated mortgage of $830* per month. It has 2 beds, 1 bathroom, and is 800-899 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
2
Bathrooms
1
Kitchens
1
Living Area
800-899 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJanuary 23, 2025
Sold price information is available to members only
Listed Date11/23/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Other
BasementNone, None
CountyLanark
Annual Tax$1,482
Legal DescriptionUNIT 5,LEVEL 1, 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 Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Park

Interior Features

Water Heater Owned

Security Features

Unknown

Community Features

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Location

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26 PEARL Street, Unit 105, 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 105, 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$74,850 (30.0%)
* Minimum Canadian down payment required for this price is $12,475.
Amortization Period30 Years
Estimated Monthly Payment$830Based on a loan of $174,650 over 30 years.
Purchase Price$249,500
Loan Amount$174,650
Provincial Land Transfer Tax:$2,220
Total Estimated Closing Taxes:$2,220

About Purchasing a Home in Smiths Falls, ON

For a property listed at $249,500 in Smiths Falls, the legal minimum down payment is $12,475 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 $2,220 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 $2,220.

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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.