248 LERA Street, Smiths Falls, ON

$799,000
MLS#:X13248804
4 beds
3 baths
1500-2000 sqft
6.0 parking
Residential Freehold
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Added:Jun 4, 2026(86 days ago)
Updated:Aug 20, 2026(9 days ago)
Last Checked:16 minutes ago

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Smiths Falls. Expertly crafted featuring premium stucco (plaster) and stone construction, this residence presents an exceptional opportunity offered at $799,000 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.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 57.61 x 127.5 ft lot
  • Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Air Exchanger, Carpet Free, In-Law Capability
  • equipped with central air central cooling and highly efficient radiant heating via gas

Description

An exceptional home, built to high quality specifications. This spectacular walk-out back bungalow is sure to please with 1860 sq ft finished, on both levels. From the covered front porch, a welcoming foyer greets you next to an essentials home office (alternately a 3rd main level bedroom with a closet). Move to the open concept living room with its beautiful feature wall & gas fireplace. The spacious open dining area also offers access to the upper-level deck with a retractable awning & sunscreen. Next you will love the gourmets delight kitchen with an abundance of higher end cabinetry, a breakfast island bar & granite countertops. The kitchen is complimented with stainless steel appliances including a 3-door fridge, stove, microwave/hood-fan & dishwasher. There is an inside access door to the garage, a main floor laundry room with washer and dryer, a main level 3-piece bathroom plus a 2nd guest bedroom. Next take in the pampering master suite with a generous walk-in closet, a 5-piece ensuite with a soaker tub, a separate glass shower stall, a makeup vanity with lighted mirror & convenient double sinks. Head down the showcase stairwell to the finished lower-level family room . Moving through to the playroom & then onto the games room area with a door leading to the lower-level patio & private back yard. There is a 3rd bathroom, a 4th bedroom, a utility storage rm. & a cold storage rm. This lovely home offers tile & hardwood flooring throughout the main level with tile & laminate flooring on the lower level. For added comfort & efficiency, the lower-level floor & upper-level ceramic tile are heated by radiant hot water heating plus there is also a forced air furnace with central air conditioning. Other features including high ceilings on both levels, a Natural Gas on-demand hot water supply, 2 Natural gas BBQs connected, a well landscaped yard, a twin door 2 car oversized garage, aristocrat stone & stucco exterior plus a wide driveway. Note the home is now vacant.

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Property Summary

This detached home located at 248 LERA Street, Smiths Falls is currently for sale and has been available on SousaSells for 86 days. This property is listed at $799,000 with an estimated mortgage of $2,660* per month. It has 4 beds, 3 bathrooms, and is 1500-2000 square feet. 248 LERA Street, Smiths Falls is in the Smiths Falls neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 4 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Smiths Falls, Smiths Falls.

Highly Recommended for Families
What We Love About This Home
  • •4 spacious bedroom layout offering versatile living space
  • •3 well-appointed bathrooms
  • •1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Smiths Falls, Smiths Falls.

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
AddedJun 4, 2026 (86 days ago)
UpdatedAug 20, 2026 (9 days ago)
Last Checked16 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionStucco (Plaster), Stone
BasementFull, Finished
Lot Size57.61 Ă— 127.5 Feet
CountyLanark
Annual Tax$7,777
Legal DescriptionLT 22 PL 21548 Lanark S South Elmsley; Town of Smiths Falls

Parking & Garage

Parking Total6.0
Parking Space4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
CoolingCentral Air

Features

Property Features

  • Cul de Sac/Dead End
  • Hospital
  • School
  • Place Of Worship
  • Rec./Commun.Centre
  • Library

Interior Features

  • Air Exchanger
  • Carpet Free
  • In-Law Capability
  • On Demand Water Heater
  • Storage

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 248 LERA Street, Smiths Falls, ON

Q.What is the asking price for 248 LERA Street, Smiths Falls, ON ?

The current listing price for 248 LERA Street, Smiths Falls, ON in Smiths Falls, Smiths Falls is $799,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 4 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 248 LERA Street, Smiths Falls, ON ?

248 LERA Street, Smiths Falls, ON is a Detached (Bungalow) featuring a Full, Finished basement.

Q.What key property features does 248 LERA Street, Smiths Falls, ON offer?

Key property features include: Cul de Sac/Dead End, Hospital, School, Place Of Worship, Rec./Commun.Centre, Library.

Q.What interior features are included in this home?

Interior highlights include: Air Exchanger, Carpet Free, In-Law Capability, On Demand Water Heater, Storage.

Q.Is parking available at this property?

Yes, this property offers parking space for 6.0 vehicles (Attached).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

Location

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248 LERA Street, Smiths Falls, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Smiths Falls, Smiths Falls

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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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 248 LERA Street, Smiths Falls, ON K7A 5M3

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.

Market Trend
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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$239,700 (30.0%)
* Minimum Canadian down payment required for this price is $54,900.
Amortization Period30 Years
Estimated Monthly Payment$2,660Based on a loan of $559,300 over 30 years.
Purchase Price$799,000
Loan Amount$559,300
Provincial Land Transfer Tax:$12,455
Total Estimated Closing Taxes:$12,455

About Purchasing a Home in Smiths Falls, ON

For a property listed at $799,000 in Smiths Falls, the legal minimum down payment is $54,900 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 $12,455 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 $12,455.

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Smiths Falls, Smiths Falls Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Smiths Falls, Smiths Falls.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$487,138

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%

Best Schools in Smiths Falls, Smiths Falls

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

Smiths Falls, Smiths Falls Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

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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.

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