263 Wood Avenue, Smiths Falls, ON

$559,900
MLS#:X12052946
5 beds
4 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Property no longer active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 2-Storey detached located in the coveted neighborhood of 901 - Smiths Falls. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $559,900 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.

  • 5 Bedrooms and 4 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 50 x 160 ft lot
  • Features a apartment, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: In-Law Suite
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This well-maintained four-bedroom, all-brick home is situated in a fantastic neighbourhood and is completely move-in ready. The lower level offers a versatile one-bedroom in-law suite, completed in 2021, making it ideal for extended family or guests. The kitchen has been recently renovated and features a tinted window for added privacy. A separate family room with a cozy fireplace provides a warm and inviting space to relax. The primary bedroom comfortably accommodates a king-size bed and includes a walk-in closet and ensuite. With newer flooring throughout, this home has seen numerous upgrades, including new shingles in 2021, a heat pump installed in 2024, and many updated doors and windows in 2022. Fresh paint from 2021 gives the space a bright and modern feel. Outside, the newer front porch adds charm, while the large back deck and fully fenced backyard create the perfect setting for outdoor enjoyment. There's even the option for a separate fenced area for pets. Built-in decorative lights on the home make holiday decorating effortless, with the ability to control them right from your phone. Don't miss the opportunity to see this beautifully updated home. Schedule your showing today!

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Property Summary

This detached home located at 263 Wood Avenue, Smiths Falls is currently for sale and has been available on SousaSells for 471 days. This property is listed at $559,900 with an estimated mortgage of $1,864* per month. It has 5 beds, 4 bathrooms, and is 1500-2000 square feet. 263 Wood Avenue, 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
5
Bathrooms
4
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMay 16, 2025
Sold price information is available to members only
Listed Date4/1/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementApartment, Finished
Lot Size50 × 160 Feet
CountyLanark
Annual Tax$5,174
Legal DescriptionLT 65 PL 36 SOUTH ELMSLEY TOWN OF SMITHS FALLS

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Hospital, Level, Place Of Worship

Interior Features

In-Law Suite

Security Features

Community Features

Location

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263 Wood 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 263 Wood Avenue, Smiths Falls, ON K7A 5H5

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.

Configure Loan Settings

Interest Rate4.00%
Down Payment$167,970 (30.0%)
* Minimum Canadian down payment required for this price is $30,990.
Amortization Period30 Years
Estimated Monthly Payment$1,864Based on a loan of $391,930 over 30 years.
Purchase Price$559,900
Loan Amount$391,930
Provincial Land Transfer Tax:$7,673
Total Estimated Closing Taxes:$7,673

About Purchasing a Home in Smiths Falls, ON

For a property listed at $559,900 in Smiths Falls, the legal minimum down payment is $30,990 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 $7,673 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 $7,673.

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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.