Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 901 - Smiths Falls. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $350,000 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.
Flooring: Laminate, Welcome to this two bedroom bungalow located on a nice sized lot, steps away from Lower Reach Park and the Rideau Canal. This house offers main floor living with everything you need to create a comfortable and efficient home. Enter through the side porch off the driveway and leave your gear at the door. Walk into an updated kitchen with backsplash and open concept living and dining room. The bathroom has a large white walk in shower for ease and accessibility. You'll love the craftsman style front door and cute hammock in the front yard. The spacious backyard offers a large deck for sitting or entertaining. Why rent when you can enjoy your own home on a quiet street, close to all amenities.
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This detached home located at 42 ELM Street, Smiths Falls is currently for sale and has been available on SousaSells for 652 days. This property is listed at $350,000 with an estimated mortgage of $1,165* per month. It has 2 beds, 1 bathroom, and is unknown square feet. 42 ELM 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.Park, Park
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 42 ELM Street E, Smiths Falls, ON K7A 3T1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Smiths Falls.
About Purchasing a Home in Smiths Falls, ON
For a property listed at $350,000 in Smiths Falls, the legal minimum down payment is $17,500 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 $3,725 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 $3,725.
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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.