8 Philip Street, Unit 5, Smiths Falls, ON

$1,550/mo
MLS#:X13115848
2 beds
1 baths
< 700 sqft
1.0 parking
Residential Freehold
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Property no longer active

This property was leased on May 22, 2026. This listing is for reference purposes only. to view the leased price.

Added:May 12, 2026(109 days ago)
Updated:May 22, 2026(99 days ago)
Last Checked:20 minutes ago

Property Highlights

Welcome to this remarkable Apartment other located in the coveted neighborhood of Smiths Falls. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,550 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 1 Bathroom
  • Generous living space spanning < 700 sqft
  • 1.0 total parking spaces available
  • Notable attributes: Water Heater Owned
  • equipped with other central cooling and highly efficient heating via electric

Description

Welcome to 8 Philip Street, a newly constructed apartment situated in a prime area of the growing town of Smiths Falls. Located just minutes from numerous local amenities and the Rideau River, this lower-level 2-bedroom, 1-bathroom unit offers an ideal place to call home. Upon entering, you're greeted by a two-tone kitchen with quartz countertops, a living/dining area with large windows for ample sunlight, two generous closets for storage, and in-unit laundry. Living in Smiths Falls offers the perfect balance of small-town charm and everyday convenience, with scenic waterfront spaces, local shops and restaurants, recreation along the Rideau River, and an easy commute to Ottawa and surrounding towns. The unit is equipped with ductless AC. Rent includes one parking space and water, while tenants cover electricity and tenant insurance. Available from July 1st, 2025.

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Property Summary

This other located at 8 Philip Street, Smiths Falls is currently for sale and has been available on SousaSells for 109 days. This property is listed at $1,550 with an estimated mortgage of $5* per month. It has 2 beds, 1 bathroom, and is < 700 square feet. 8 Philip Street, Smiths Falls is in the Smiths Falls neighborhood.

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

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Smiths Falls, Smiths Falls.

Great for Small Household / Couples
What We Love About This Home
  • •2 spacious bedroom layout offering versatile living space
  • •1 well-appointed bathroom
  • •< 700 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusLeased
AddedMay 12, 2026 (109 days ago)
UpdatedMay 22, 2026 (99 days ago)
Last Checked20 minutes ago
Transaction TypeFor Lease

Property Details

Property Sub-TypeOther
Architectural StyleApartment
ConstructionVinyl Siding
BasementNone
CountyLanark

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceElectric
CoolingOther

Features

Property Features

  • Park
  • River/Stream

Interior Features

  • Water Heater Owned

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 8 Philip Street, Unit 5, Smiths Falls, ON

Q.What is the asking price for 8 Philip Street, Unit 5, Smiths Falls, ON ?

The current listing price for 8 Philip Street, Unit 5, Smiths Falls, ON in Smiths Falls, Smiths Falls is $1,550.

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

This property features 2 bedrooms and 1 bathroom across approximately < 700 sqft.

Q.What property type and architectural style is 8 Philip Street, Unit 5, Smiths Falls, ON ?

8 Philip Street, Unit 5, Smiths Falls, ON is a Other (Apartment) featuring a None basement.

Q.What key property features does 8 Philip Street, Unit 5, Smiths Falls, ON offer?

Key property features include: Park, River/Stream.

Q.What interior features are included in this home?

Interior highlights include: Water Heater Owned.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Electric and cooling via Other.

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Location

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8 Philip Street, Unit 5, 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 8 Philip Street 5, Smiths Falls, ON K7A 3L6

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$465 (30.0%)
* Minimum Canadian down payment required for this price is $78.
Amortization Period30 Years
Estimated Monthly Payment$5Based on a loan of $1,085 over 30 years.
Purchase Price$1,550
Loan Amount$1,085
Provincial Land Transfer Tax:$8
Total Estimated Closing Taxes:$8

About Purchasing a Home in Smiths Falls, ON

For a property listed at $1,550 in Smiths Falls, the legal minimum down payment is $78 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 $8 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 $8.

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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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