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$525,000
Available - For Sale
Listing ID: X12955894
7 Leeds Street , Smiths Falls, K7A 2M6, Lanark


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.
Price $525,000
Taxes: $4491.00
Assessment Year: 2025
Occupancy: Owner
Address: 7 Leeds Street , Smiths Falls, K7A 2M6, Lanark
Directions/Cross Streets: Cornelia and McCann
Rooms: 6
Rooms +: 6
Bedrooms: 3
Bedrooms +: 3
Family Room: F
Basement: Apartment
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living Ro 19.65 14.6
Room 2 Main Dining Ro 10.14 16.6
Room 3 Main Kitchen 16.27 10.92
Room 4 Main Bedroom 12.04 11.38
Room 5 Main Bedroom 2 12.04 9.68
Room 6 Main Bedroom 3 15.61 8.23
Room 7 Main Bathroom 9.41 10.17
Room 8 Lower Living Ro 19.65 14.6
Room 9 Lower Dining Ro 10.14 16.6
Room 10 Lower Kitchen 16.27 10.92
Room 11 Lower Bedroom 12.04 11.38
Room 12 Lower Bedroom 2 12.04 9.68
Room 13 Lower Bedroom 3 15.61 8.23
Room 14 Lower Bathroom 9.41 10.17
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 4 Lower
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 51-99
Property Type: Duplex
Style: Other
Exterior: Aluminum Siding
Garage Type: None
(Parking/)Drive: Lane
Drive Parking Spaces: 7
Park #1
Parking Type: Lane
Park #2
Parking Type: Lane
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 1500-2000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
$
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Percent Down:
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.
SOLID ROCK REALTY
Personal Picture
Ali Shahpazir
Sales Representative
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Bus:
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At a Glance:
Type: Freehold - Duplex
Area: Lanark
Municipality: Smiths Falls
Neighbourhood: 901 - Smiths Falls
Style: Other
Lot Size: x 132.00(Feet)
Approximate Age: 51-99
Tax: $4,491
Maintenance Fee: $0
Beds: 3+3
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
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