26 Pearl Street, Unit 205, Smiths Falls, ON

$214,900
MLS#:X12062113
2 beds
1 baths
700-799 sqft
1.0 parking
Residential Condo & Other
Loading property media...

Property Highlights

Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of 901 - Smiths Falls. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $214,900 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-799 sqft
  • 1.0 total parking spaces available
  • Notable attributes: Carpet Free, Intercom, Storage Area Lockers
  • Efficient baseboard heating via electric

Description

Looking for a smart layout that suits shared living? This well-designed condo features two private entrances - one on each side of the unit - making it perfect for roommates or anyone who values a little extra separation and privacy. This bright and inviting 2 bed/1 bath condo is just steps from Settlers Ridge Shopping Centre and offers an open-concept living space with patio doors that lead to a private balcony, perfect for enjoying your morning coffee. The kitchen has rich wood cabinetry, tile backsplash, newer appliances and a spacious walk-in pantry for all your storage needs. The eat-in dining area comfortably accommodates a table for four. Both bedrooms are generously sized with ample closet space and large windows that fill the rooms with natural morning light. Additional interior storage is abundant, with hall closets at each entrance. Recent upgrades include brand-new windows and patio doors (2024), enhancing energy efficiency and comfort. Building amenities include a secured laundry room, bike storage area, and dedicated storage locker for seasonal items and outdoor gear. One surface parking space is included, with additional visitor parking available. Enjoy the convenience of having grocery stores, restaurants, a fitness center, and more just moments from your doorstep. Located within walking distance of Chimo School, SFDCI, Lower Reach Park, scenic pathways, and the historic Rideau Canal, this condo offers both accessibility and charm. With water included in the condo fees and an average hydro cost of just $95/month, this is truly an affordable and low-maintenance lifestyle opportunity!

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This condo apartment located at 26 Pearl Street, Smiths Falls is currently for sale and has been available on SousaSells for 468 days. This property is listed at $214,900 with an estimated mortgage of $715* per month. It has 2 beds, 1 bathroom, and is 700-799 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
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMay 1, 2025
Sold price information is available to members only
Listed Date4/4/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural Style1 Storey/Apt
ConstructionBrick, Vinyl Siding
BasementNone
CountyLanark
Annual Tax$1,579

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

School, School Bus Route, Park

Interior Features

Carpet Free, Intercom, Storage Area Lockers, Storage

Security Features

Community Features

Virtual Tours

Location

Initializing map...
26 Pearl Street, Unit 205, Smiths Falls, ON
Loading local market trends...

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 205, Smiths Falls, ON K7A 5B5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

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

Configure Loan Settings

Interest Rate4.00%
Down Payment$64,470 (30.0%)
* Minimum Canadian down payment required for this price is $10,745.
Amortization Period30 Years
Estimated Monthly Payment$715Based on a loan of $150,430 over 30 years.
Purchase Price$214,900
Loan Amount$150,430
Provincial Land Transfer Tax:$1,874
Total Estimated Closing Taxes:$1,874

About Purchasing a Home in Smiths Falls, ON

For a property listed at $214,900 in Smiths Falls, the legal minimum down payment is $10,745 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 $1,874 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 $1,874.

Similar Listings Nearby

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%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.