7 Leeds Street, Smiths Falls, ON
Property Highlights
Welcome to this remarkable Other duplex located in the coveted neighborhood of Smiths Falls. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $525,000 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.
- 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 96 x 132 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available
- Notable attributes: Separate Hydro Meter
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this well-maintained up/down duplex offering exceptional flexibility for investors or homeowners looking to offset their mortgage with rental income. Featuring two spacious, self-contained units, this property delivers both comfort and functionality in a smart layout. Each unit offers generous living space with a bright, open feel, including 3 bedrooms, a full 4-piece bathroom, and a large eat-in kitchen-perfect for everyday living. Both units also feature their own in-unit laundry rooms, providing added convenience for tenants or owners alike. The lower level unit stands out with its beautifully updated kitchen and bathroom (2023), as well as large, deep-set windows that bring in an abundance of natural light-creating a warm and inviting atmosphere rarely found in lower-level spaces. New vinyl flooring in upper kitchen. Additional highlights include: Separate electrical panels for each unit (lower panel newly updated), shared furnace (2017) and central air, washer and dryer in lower unit (approx. 3 years old), predominantly laminate flooring throughout for easy maintenance, upper unit features a spacious deck off the kitchen (2020), ideal for outdoor relaxation. Metal roof (2019), each unit has it's own driveway with space for 3 vehicles. Whether you're looking to expand your investment portfolio or live in one unit while renting the other, this property offers incredible value and versatility.
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Property Summary
This duplex located at 7 Leeds Street, Smiths Falls is currently for sale and has been available on SousaSells for 148 days. This property is listed at $525,000 with an estimated mortgage of $1,748* per month. It has 6 beds, 2 bathrooms, and is 1500-2000 square feet. 7 Leeds 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 6 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Smiths Falls, Smiths Falls.
- •6 spacious bedroom layout offering versatile living space
- •2 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Smiths Falls, Smiths Falls.
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 7 Leeds Street, Smiths Falls, ON
Q.What is the asking price for 7 Leeds Street, Smiths Falls, ON ?
The current listing price for 7 Leeds Street, Smiths Falls, ON in Smiths Falls, Smiths Falls is $525,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 2 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 7 Leeds Street, Smiths Falls, ON ?
7 Leeds Street, Smiths Falls, ON is a Duplex (Other) featuring a Apartment 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 7.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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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 7 Leeds Street, Smiths Falls, ON K7A 2M6
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 $525,000 in Smiths Falls, the legal minimum down payment is $27,500 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 $6,975 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 $6,975.
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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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