282 Wood Avenue, Smiths Falls, ON

$689,000
MLS#:X12116295
4 beds
2 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 901 - Smiths Falls. Expertly crafted featuring premium stone and vinyl siding construction, this residence presents an exceptional opportunity offered at $689,000 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 1500-2000 sqft on a premium 54.49 x 108.47 ft lot
  • Features a partially finished, full 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: Storage, Sump Pump, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to your dream bungalow at 282 Wood Avenue! This charming home is perfectly situated in a family-friendly neighbourhood, with fantastic schools and shopping near by, while the beautiful Cataraqui Trail is just a stone's throw away for outdoor adventures. Built by Mackie Homes in 2022, the Hemlock Gable Roof model boasts around 1,689 sq ft of sun-filled living space, showcasing quality craftsmanship and stylish finishes. Step inside and be greeted by an open, airy layout designed for modern living. You'll find three spacious bedrooms and two beautifully appointed bathrooms on the main floor, along with a handy attached two-car garage. The heart of the home is a stunning kitchen that features ample cabinetry, striking granite countertops, and a large central island, perfect for casual meals or gathering with friends. It flows seamlessly into the dining area and great room, complete with a cozy natural gas fireplace - a perfect spot to unwind or entertain. There's a dedicated family entrance and laundry room on the main floor for added convenience. The primary bedroom, secluded from the secondary bedrooms, is a true retreat with a walk-in closet and a luxurious 4-piece ensuite. Recent updates to the home include the partially finished basement which offers even more space with an additional bedroom, a den, a convenient bathroom, and a family room, plus a fully fenced yard (2024) for your pets and children. Welcome home!

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Property Summary

This detached home located at 282 Wood Avenue, Smiths Falls is currently for sale and has been available on SousaSells for 438 days. This property is listed at $689,000 with an estimated mortgage of $2,293* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 282 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
4
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 2, 2025
Sold price information is available to members only
Listed Date5/1/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionStone, Vinyl Siding
BasementPartially Finished, Full
Lot Size54.49 × 108.47 Feet
CountyLanark
Annual Tax$4,626.92
Legal DescriptionLT 44 PL 36 SOUTH ELMSLEY ; S/T RS122483,RS179805 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

School Bus Route, School, Fenced Yard

Interior Features

Storage, Sump Pump, Primary Bedroom - Main Floor

Security Features

Community Features

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Location

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282 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 282 Wood Avenue, Smiths Falls, ON K7A 5H3

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$206,700 (30.0%)
* Minimum Canadian down payment required for this price is $43,900.
Amortization Period30 Years
Estimated Monthly Payment$2,293Based on a loan of $482,300 over 30 years.
Purchase Price$689,000
Loan Amount$482,300
Provincial Land Transfer Tax:$10,255
Total Estimated Closing Taxes:$10,255

About Purchasing a Home in Smiths Falls, ON

For a property listed at $689,000 in Smiths Falls, the legal minimum down payment is $43,900 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 $10,255 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 $10,255.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Smiths Falls.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$463,716

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.