Property Information:

Exceptional investment opportunity in Smiths Falls! This spacious duplex is ideally located within walking distance to downtown amenities, restaurants, shopping, parks, and everyday conveniences, making it an attractive option for both investors and tenants alike. Offering two well laid out units, this property features a spacious 3-bedroom unit and a well-appointed 2-bedroom unit, each with their own laundry facilities and parking spaces for added convenience. With the soon-to-be vacant 3-bedroom unit generating $1,175/month and the 2-bedroom unit bringing in $1,400/month, providing immediate income potential with room for future growth. The layout of both units offers comfortable living spaces, functional kitchens, and nice size bedrooms that appeal to long-term renters. A rare bonus is the double car garage, presenting endless possibilities for additional income, tenant storage, workshop space, or personal owner use. Whether you're looking to expand your investment portfolio, live in one unit while generating income from the other, or secure a property with strong future upside, this duplex offers flexibility and value. With strong rental appeal, ample parking, and a convenient location close to schools, parks, and downtown amenities, this is an excellent opportunity to own a solid income-producing property. Opportunity knocks - call today! (id:27)

Building Features:

Style: Duplex
Building Type: Duplex
Amenities: Separate Hydro Meters, Separate Heating Controls
Basement Development: Unfinished
Basement Type: None, N/A
Exterior Finish: Brick, Aluminum siding, Concrete Block
Floor Space: 0 - 699 sqft
Foundation Type: Stone
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None

Property Features:

Property Type: Multi-family
Bedrooms: 5
Bathrooms: 2
Floor Space (approx): 0 - 699 Square Feet
Irregular: Yes
Lot Depth: 115 Feet
Lot Frontage: 58 Feet
Lot Size: 58 x 115 FT
Utility Type: Cable - Available, Sewer - Installed, Hydro - Installed
Sewer: Sanitary sewer
Parking Type: Attached garage, Garage
No. of Parking Spaces: 4

Courtesy of: RE/MAX AFFILIATES MARQUIS

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Demographic Information of 178 CHAMBERS STREET E, Smiths Falls, Ontario, K7A 2Z6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$83,215.70

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

31.39 %

High school certificate or equivalent

40.31 %

Apprenticeship trade certificate/diploma

4.44 %

College/non-university certificate

20.22 %

University certificate (below bachelor)

0.4 %

University Degree

3.25 %

Commuter

Travel To Work

By Car

85.51 %

By Public Transit

0.0 %

By Walking

14.03 %

By Bicycle

0.0 %

By Other Methods

0.46 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

10.21 %

Houses

89.79 %

178 CHAMBERS STREET E, Smiths Falls, Ontario, K7A 2Z6