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$289,000

137 BECKWITH STREET N, Smiths Falls, Ontario, K7A 2C7

MLS® # X13026490

Smiths Falls ON, K7A 2C7

MLS® # X13026490

Property Information:

Welcome to 137 Beckwith St North, a well-located up/down duplex offering strong income potential and flexibility for both investors and owner-occupants. Situated on a desirable street in a growing community, this property is an ideal addition to any portfolio or a smart way to offset your mortgage by living in one unit while renting the other. The upper unit features a spacious 3-bedroom, 1-bathroom layout and is currently tenanted by long-term occupants paying $1,194.76/month. The lower unit offers a bright 2-bedroom, 1-bathroom layout that will be vacant May 31, 2026, providing the opportunity to set your own rent (previously rented at $1,600/month). This property is well-configured for investment, with separate hydro meters and furnaces, allowing each unit to pay their own gas and hydro. Water is paid by the landlord. Additional highlights include two parking spaces and key updates: windows (2023), roof (2017), electrical (2016), and plumbing (2019), downstairs bathroom update (2025), downstairs flooring (2025). With a current cap rate of 8.71% and NOI of $23,928.23, this is a solid, income-producing asset with excellent upside potential. (Based on market rents, there is also the opportunity to achieve a potential cap rate of 11.33% if the upper unit is rented at $1,850/month.) (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Duplex
  • Basement Type: Crawl space
  • Exterior Finish: Vinyl siding
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 2
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Frontage: 45.2 Feet
  • Lot Size: 45.3 FT
  • Utility Type: Cable - Installed, Sewer - Installed, Hydro - Installed
  • Zoning: R2
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 2

Courtesy of: SUTTON GROUP - OTTAWA 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 137 BECKWITH STREET N, Smiths Falls, Ontario, K7A 2C7

Demographic Information of 137 BECKWITH STREET N, Smiths Falls, Ontario, K7A 2C7

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