428 QUEEN Street, Smiths Falls, ON

$1,199,900
MLS#:X9520693
4 beds
3 baths
10.0 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 brick and other construction, this residence presents an exceptional opportunity offered at $1,199,900 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.

  • 4 Bedrooms and 3 Bathrooms
  • Premium 120 x 204 ft lot size
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient other configuration
  • Notable attributes: Water Heater Owned, Water Treatment
  • equipped with central air central cooling and highly efficient heat pump heating via gas

Description

Welcome to this exquisite 4-bedroom, 3-bathroom bungalow, a true gem nestled along serene shores of the Rideau Canal, on the outskirts of Smiths Falls. From the moment you step into the grand foyer, you'll experience the spacious and seamless flow of the main floor, designed perfectly for modern living. The walkout lower level leads to your own private paradise, featuring a fully fenced backyard with a heated inground pool, outdoor kitchen, and poolside dining area under the breezeway. Unwind in the charming bunkie or around the fire pit, surrounded by lush vegetable gardens and multiple expansive decks, complete with a permanent dock. Recent upgrades include 2022 roof shingles, 2023 pool liner, stainless steel LeafFilter gutter protectors, a natural gas hot water tank, heat pump, furnace, and a 2024 Kohler generator that backs up the entire home for uninterrupted peace of mind. Enjoy the best of waterfront living just minutes from town. Don't miss this rare opportunity, call today!, Flooring: Hardwood, Flooring: Mixed

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Property Summary

This detached home located at 428 QUEEN Street, Smiths Falls is currently for sale and has been available on SousaSells for 658 days. This property is listed at $1,199,900 with an estimated mortgage of $3,994* per month. It has 4 beds, 3 bathrooms, and is unknown square feet. 428 QUEEN 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
4
Bathrooms
3
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateNovember 20, 2024
Sold price information is available to members only
Listed Date9/26/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionBrick, Other
BasementFull, Finished
Lot Size120 × 204
CountyLanark
Annual Tax$4,450
Legal DescriptionLT 34 PL 9100 LANARK S MONTAGUE; MONTAGUE

Parking & Garage

Parking Spaces10.0
Garage TypeOther

Heating & Cooling

Heat SourceGas
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Park, Waterfront

Interior Features

Water Heater Owned, Water Treatment

Security Features

Community Features

Virtual Tours

Location

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428 QUEEN Street, 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 428 QUEEN Street, Smiths Falls, ON K7A 5B8

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$359,970 (30.0%)
* Minimum Canadian down payment required for this price is $239,980.
Amortization Period30 Years
Estimated Monthly Payment$3,994Based on a loan of $839,930 over 30 years.
Purchase Price$1,199,900
Loan Amount$839,930
Provincial Land Transfer Tax:$20,473
Total Estimated Closing Taxes:$20,473

About Purchasing a Home in Smiths Falls, ON

For a property listed at $1,199,900 in Smiths Falls, the legal minimum down payment is $239,980 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 $20,473 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 $20,473.

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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.