47 Main Street, Smiths Falls, ON
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of Smiths Falls. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $359,900 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.
- 2 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 42.69 x 119.47 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Separate Hydro Meter
- Efficient baseboard heating via electric
Description
Situated in a prime location in Smiths Falls, this unique mixed-use building offers a rare investment opportunity within walking distance of shopping, restaurants, parks, and other key amenities. The property includes two residential 1-bedroom, 1-bathroom units currently rented at $813/month and $922.50/month, providing steady income from day one. An additional VACANT commercial unit offers exceptional flexibility for an owner, entrepreneur, or investor looking to secure additional rental income at market rates. Combining residential stability with commercial potential, this property is a versatile addition to any real estate portfolio.
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Property Summary
This duplex located at 47 Main Street, Smiths Falls is currently for sale and has been available on SousaSells for 66 days. This property is listed at $359,900 with an estimated mortgage of $1,198* per month. It has 2 beds, 3 bathrooms, and is 1500-2000 square feet. 47 Main 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.Yes! Featuring 2 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Smiths Falls, Smiths Falls.
- •2 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Separate Hydro Meter
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 47 Main Street, Smiths Falls, ON
Q.What is the asking price for 47 Main Street, Smiths Falls, ON ?
The current listing price for 47 Main Street, Smiths Falls, ON in Smiths Falls, Smiths Falls is $359,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 2 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 47 Main Street, Smiths Falls, ON ?
47 Main Street, Smiths Falls, ON is a Duplex (2-Storey) featuring a Crawl Space basement.
Q.What interior features are included in this home?
Interior highlights include: Separate Hydro Meter.
Q.Is parking available at this property?
Yes, this property offers parking space for 4.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Electric and cooling via None.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Smiths Falls, Smiths Falls
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
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.
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.
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 47 Main Street E, Smiths Falls, ON K7A 1A5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Smiths Falls, ON
For a property listed at $359,900 in Smiths Falls, the legal minimum down payment is $17,995 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 $3,874 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 $3,874.
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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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