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$599,900

Smiths Falls ON, K7A 2J5

MLS® # X12209088

Property Information:

Solid investment opportunity in the heart of Smiths Falls! This all-brick, side-by-side 2-storey duplex offers two spacious 3-bedroom units, each with their own Kitchen, Dining Room, Living Room, 4-piece Bath, and charming 3-season Porch. Both units feature convenient rear entry through an attached shed/mudroom off the kitchen, plus updated 100 amp electrical service. Unit 40 enjoys a fully fenced backyard, while Unit 42 includes a detached single-car garageperfect for storage or parking. Each side also boasts a separate driveway with space for 2 vehicles, plus an additional space in the garage for Unit 42.Fully renovated in 2013 with all new drywall, insulation, sound-deadening material between units, and vinyl windows throughout. The roof was reshingled in 2022 with architectural shingles, offering added durability and curb appeal. Tenants pay for their own utilities, including rental natural gas hot water tanks. This well-maintained duplex is ideal for investors, multi-generational living, or buyers looking to live in one unit and rent out the other. 40 is empty, fresh, and ready to rent (previously rented for $2000/month). 42 has had the same great tenants since 2013, who pay $1232.40/month. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Air Conditioning: Yes
  • Amenities: Separate Heating Controls, Separate Hydro Meters
  • Basement Development: Unfinished
  • Basement Type: N/A
  • Construction Status: Insulation upgraded
  • Exterior Finish: Brick
  • Floor Space: 2500 - 3000 sqft
  • Flooring Type: Laminate, Vinyl
  • Foundation Type: Stone
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Window air conditioner
  • Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 2
  • Amenities Nearby: Schools, Hospital
  • Features: Carpet Free
  • Fence Type: Fenced yard
  • Floor Space (approx): 2500 - 3000 Square Feet
  • Irregular: Yes
  • Lot Depth: 66.0 Feet
  • Lot Frontage: 66.0 Feet
  • Lot Size: 66 x 66 FT
  • Structure Type: Porch
  • Utility Type: Cable - Installed, Sewer - Installed, Hydro - Installed
  • Zoning: RM
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 5

Rooms:

  • Bedroom 2nd Level 4.52 m x 3.55 m
  • 2nd Bedroom 2nd Level 3.96 m x 2.59 m
  • 3rd Bedroom 2nd Level 3.81 m x 3.20 m
  • Kitchen Main Level 3.96 m x 3.96 m
  • Living Main Level 4.72 m x 3.96 m
  • Dining Main Level 4.88 m x 3.51 m
  • Foyer Main Level 3.25 m x 2.13 m

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Courtesy of: SUTTON ESSENTIAL REALTY

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 42 MCGILL STREET N, Smiths Falls, Ontario, K7A 2J5

Demographic Information of 42 MCGILL STREET N, Smiths Falls, Ontario, K7A 2J5

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$91,555.54

Average Number of Children

1.81

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

29.12 %

High school certificate or equivalent

33.71 %

Apprenticeship trade certificate/diploma

2.98 %

College/non-university certificate

26.01 %

University Degree

8.18 %

Commuter

Travel To Work

By Car

82.8 %

By Public Transit

0.0 %

By Walking

15.55 %

By Bicycle

0.0 %

By Other Methods

1.65 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

30.31 %

Houses

69.69 %

Own Vs. Rent