57 Ogden Avenue Smiths Falls, Ontario K7A 2L9

4 Bedroom 2 Bathroom 1,500 - 2,000 ft2
Fireplace Window Air Conditioner Forced Air Landscaped

$424,900

Turnkey Victorian Duplex in the heart of Smiths Falls with a 6.7% Cap Rate! The main floor unit will be vacant on closing, giving you the ultimate flexibility. Either move in and enjoy your own space while the upper rental income offsets the mortgage OR choose your own tenant and maximize rental income. The beautifully updated main floor unit has a projected rental income of $1,400/month and features 1 bedroom, 1 bath, a fully renovated kitchen with high-end cabinetry, newly renovated bathroom, separate laundry room and exclusive access to the basement and garage. The upper unit is currently rented for $1,800/month plus hydro. This spacious unit is accessed through the main entrance with private access to a front porch, separate laundry, 3 bedrooms including the third floor loft, renovated 4pc bath, second floor rear balcony, fully fenced yard, and dedicated use of the storage shed. With separate hydro meters, low annual operating costs (less than $9,500/year) , this is a low-maintenance, high-return asset. Other highlights include a double-wide paved driveway with parking for 6 vehicles plus the garage, established garden beds, a lovely fully fenced backyard with mature trees, and unbeatable walkability to the arena, hospital, shopping, restaurants, newly renovated library, and more. Whether you're a savvy investor or a buyer looking to house hack in style, this charming and income-producing property is a rare find in a prime location. Operating expenses, pre-list home inspection, current lease agreement and upgrades list available upon request. Call to book your showing today! (id:19720)

Property Details

MLS® Number X12248957
Property Type Multi-family
Community Name 901 - Smiths Falls
Amenities Near By Hospital, Schools
Community Features School Bus
Equipment Type Water Heater
Features Level Lot, Sump Pump, In-law Suite
Parking Space Total 7
Rental Equipment Type Water Heater
Structure Deck, Porch, Patio(s), Shed

Building

Bathroom Total 2
Bedrooms Above Ground 4
Bedrooms Total 4
Amenities Fireplace(s), Separate Electricity Meters
Appliances Water Meter, Dryer, Hood Fan, Microwave, Stove, Washer, Window Coverings, Refrigerator
Basement Development Unfinished
Basement Type Full (unfinished)
Cooling Type Window Air Conditioner
Exterior Finish Brick
Fire Protection Smoke Detectors
Fireplace Present Yes
Fireplace Total 1
Foundation Type Stone
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 3
Size Interior 1,500 - 2,000 Ft2
Type Duplex
Utility Water Municipal Water

Parking

Detached Garage
Garage
R V

Land

Acreage No
Fence Type Fully Fenced, Fenced Yard
Land Amenities Hospital, Schools
Landscape Features Landscaped
Sewer Sanitary Sewer
Size Depth 142 Ft
Size Frontage 40 Ft
Size Irregular 40 X 142 Ft
Size Total Text 40 X 142 Ft
Zoning Description R3

https://www.realtor.ca/real-estate/28528936/57-ogden-avenue-smiths-falls-901-smiths-falls

Contact Us

Contact us for more information

Erika Blair
Salesperson

(587) 436-0789
www.erikablair.ca/
www.facebook.com/erikablairrealestate
ca.linkedin.com/in/erikablair

Century 21 Synergy Realty Inc.
23 Beckwith Street North
Smith Falls, Ontario K7A 2B2

(613) 317-2121
(613) 903-7703
www.c21synergy.ca/