Turnkey Victorian Duplex in the heart of Smiths Falls with a 6.7% Cap Rate! The main floor unit will be vacant on closing, giving you the ultimate flexibility. Either move in and enjoy your own space while the upper rental income offsets the mortgage OR choose your own tenant and maximize rental income. The beautifully updated main floor unit has a projected rental income of $1,400/month and features 1 bedroom, 1 bath, a fully renovated kitchen with high-end cabinetry, newly renovated bathroom, separate laundry room and exclusive access to the basement and garage. The upper unit is currently rented for $1,800/month plus hydro. This spacious unit is accessed through the main entrance with private access to a front porch, separate laundry, 3 bedrooms including the third floor loft, renovated 4pc bath, second floor rear balcony, fully fenced yard, and dedicated use of the storage shed. With separate hydro meters, low annual operating costs (less than $9,500/year) , this is a low-maintenance, high-return asset. Other highlights include a double-wide paved driveway with parking for 6 vehicles plus the garage, established garden beds, a lovely fully fenced backyard with mature trees, and unbeatable walkability to the arena, hospital, shopping, restaurants, newly renovated library, and more. Whether you're a savvy investor or a buyer looking to house hack in style, this charming and income-producing property is a rare find in a prime location. Operating expenses, pre-list home inspection, current lease agreement and upgrades list available upon request. Call to book your showing today! |
Price | $424,900 |
Taxes: | $3372.00 |
Assessment Year: | 2024 |
Occupancy: | Owner+T |
Address: | 57 Ogden Aven , Smiths Falls, K7A 2L9, Lanark |
Directions/Cross Streets: | Beckwith Street to Montague Street and Ogden Ave |
Rooms: | 10 |
Bedrooms: | 4 |
Bedrooms +: | 0 |
Family Room: | T |
Basement: | Full, Unfinished |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 4 | Main |
Washroom Type 2 | 4 | Second |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Total Area: | 0.00 |
Property Type: | Duplex |
Style: | 2 1/2 Storey |
Exterior: | Brick |
Garage Type: | Detached |
(Parking/)Drive: | Private, P |
Drive Parking Spaces: | 6 |
Park #1 | |
Parking Type: | Private, P |
Park #2 | |
Parking Type: | Private |
Park #3 | |
Parking Type: | Private Do |
Pool: | None |
Other Structures: | Fence - Full, |
Approximatly Square Footage: | 1500-2000 |
Property Features: | Fenced Yard, Hospital |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | Y |
Heat Type: | Forced Air |
Central Air Conditioning: | Window Unit |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Elevator Lift: | False |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
CENTURY 21 SYNERGY REALTY INC. |
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Type: | Freehold - Duplex |
Area: | Lanark |
Municipality: | Smiths Falls |
Neighbourhood: | 901 - Smiths Falls |
Style: | 2 1/2 Storey |
Lot Size: | x 142.00(Feet) |
Approximate Age: | |
Tax: | $3,372 |
Maintenance Fee: | $0 |
Beds: | 4 |
Baths: | 2 |
Garage: | 0 |
Fireplace: | Y |
Air Conditioning: | |
Pool: | None |