7 CODE Crescent, Smiths Falls, ON

$675,000
MLS#:X9441758
3 beds
3 baths
2.0 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 vinyl siding and stone construction, this residence presents an exceptional opportunity offered at $675,000 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.

  • 3 Bedrooms and 3 Bathrooms
  • Premium 55.23 x 98.41 ft lot size
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient other configuration
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Flooring: Tile, 7 Code Cres. Beautifully appointed 'Comworth' model with gorgeous upgrades throughout. Hardwood and tile through most of the main level with upgraded open railing to basement. Open concept kitchen with granite counter tops and stainless steel appliances. Patio door to deck. Main floor laundry. Primary bedroom offers a walk-in closet and ensuite bathroom with an acrylic shower. (Quartz counter and tile flooring). Main bath has an acrylic tub surround, quartz counter and tile flooring. Front bedroom/den has laminate flooring and a lovely bay window. NOTE: upgraded crown ceiling moldings through main level. Professionally finished lower level with rounded drywall corners, similar to main level. Exceptionally spacious family room with laminate flooring, surround sound speakers and 2 windows. Guest bedroom with ensuite access to the bathroom. Interlock front entry, 'Celebrite' soffit lighting to celebrate all occasions, fully fenced yard with a two tier deck, BBQ hookup and gazebo., Flooring: Hardwood, Flooring: Carpet W/W & Mixed

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Property Summary

This detached home located at 7 CODE Crescent, Smiths Falls is currently for sale and has been available on SousaSells for 754 days. This property is listed at $675,000 with an estimated mortgage of $2,247* per month. It has 3 beds, 3 bathrooms, and is unknown square feet. 7 CODE Crescent, 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
3
Bathrooms
3
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 26, 2024
Sold price information is available to members only
Listed Date6/18/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding, Stone
BasementFull, Finished
Lot Size55.23 × 98.41
CountyLanark
Annual Tax$4,305
Legal DescriptionLOT 114, PLAN 27M23, TOWN OF SMITHS FALLS. SUBJECT TO AN EASEMENT IN FAVOUR OF HYDRO ONE NETWORKS INC. OVER PART 112 ON 27R8900 AS IN LC48078.

Parking & Garage

Parking Spaces2.0
Garage TypeOther

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard

Interior Features

Security Features

Community Features

Location

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7 CODE Crescent, 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 7 CODE Crescent, Smiths Falls, ON K7A 0A2

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$202,500 (30.0%)
* Minimum Canadian down payment required for this price is $42,500.
Amortization Period30 Years
Estimated Monthly Payment$2,247Based on a loan of $472,500 over 30 years.
Purchase Price$675,000
Loan Amount$472,500
Provincial Land Transfer Tax:$9,975
Total Estimated Closing Taxes:$9,975

About Purchasing a Home in Smiths Falls, ON

For a property listed at $675,000 in Smiths Falls, the legal minimum down payment is $42,500 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 $9,975 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 $9,975.

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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$463,735

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.