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$232,500
Available - For Sale
Listing ID: X11885279
8 PEARL St , Unit 205, Smiths Falls, K7A 5B5, Ontario


This large 2 bedroom condo (~900 sq ft) has just been professionally renovated by a reputable builder. The kitchen offers modern cabinets, tiled floor, backsplash and brand new stainless steel appliances. The large living area connects to a balcony and to a well-appointed dining room with chandelier. The two bedrooms are bright and have ample closet space. The full bath has a soaker tub with tiled tub surround, tiled floor, a large vanity with many drawers, modern lighting, and a handy medicine cabinet. New Luxury Vinyl Plank (LVP) flooring throughout the living area. The condo is carpet free. New LED lighting throughout. Freshly painted in neutral colors. Large in-unit storage room included. Bell fiber inside the condo (fibre to the unit, not just to the building). One assigned parking spot included. New laundry facility on the ground floor. Very well-managed and maintained building. Condo fees will be REDUCED in 2025 - thats how well-managed and stable this corporation is. Three-minute walk to a large shopping plaza. Close to schools and recreation. Short commute to Kanata, Perth & Brockville. The condo is professionally cleaned and vacant for easy showing and immediate closing. Very low taxes and condo fees. Heating cost is very low due to an in-unit HRV + heated common areas (included in the condo fees) + no hot water hydro cost (central water heating), making it a low-cost, low-maintenance condo to own. For investors, the cap rate is 6.7% (unheard of in the current market). Not a day of vacancy in 5 yrs.
Price $232,500
Taxes: $1326.00
Maintenance Fee: 303.00
Address: 8 PEARL St , Unit 205, Smiths Falls, K7A 5B5, Ontario
Province/State: Ontario
Condo Corporation No LSCC-
Level 2
Unit No 205
Directions/Cross Streets: From Kanata Ottawa: HW417W to HW7 (Carleton Place) to HW15S. Once in Smiths Falls: L Jasper Av, R Vi
Rooms: 8
Rooms +: 0
Bedrooms: 2
Bedrooms +: 0
Kitchens: 1
Kitchens +: 0
Family Room: N
Basement: None
Property Type: Condo Apt
Style: Apartment
Exterior: Brick, Vinyl Siding
Garage Type: Surface
Garage(/Parking)Space: 0.00
Drive Parking Spaces: 1
Park #1
Parking Type: Exclusive
Exposure: Ew
Balcony: Open
Locker: Ensuite
Pet Permited: Restrict
Approximatly Square Footage: 900-999
Maintenance: 303.00
Water Included: Y
Building Insurance Included: Y
Fireplace/Stove: N
Heat Source: Electric
Heat Type: Baseboard
Central Air Conditioning: None
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
POWER MARKETING REAL ESTATE INC.
Personal Picture
Ali Shahpazir
Sales Representative
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416-473-8225
Bus:
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At a Glance:
Type: Condo - Condo Apt
Area: Lanark
Municipality: Smiths Falls
Neighbourhood: 901 - Smiths Falls
Style: Apartment
Lot Size: x ()
Approximate Age:
Tax: $1,326
Maintenance Fee: $303
Beds: 2
Baths: 1
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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