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Jason DeLuca

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$ 424,900

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57 Ogden AVE Smiths Falls, ON K7A 2L9

4 Beds

2 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision 901 - Smiths Falls

MLS Listing ID X12248957

Style 2 1/2 Storey

Bedrooms 4

Annual Tax Amount $3,372

Tax Year 2025

Property Sub-Type Duplex

Property Description

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!

Location

Province ON

County Lanark

Community 901 - Smiths Falls

Area Lanark

Rooms

Family Room Yes

Basement Full, Unfinished

Kitchen 2

Interior

Interior Features Accessory Apartment, In-Law Suite, Primary Bedroom - Main Floor, Separate Hydro Meter, Sump Pump

Cooling Window Unit(s)

Fireplace No

Heat Source Gas

Exterior

Exterior Feature Deck, Landscaped, Porch, Patio

Parking Features Private, Private Double, RV/Truck

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 40.0

Lot Depth 142.0

Total Parking Spaces 7

Building

Unit Features Fenced Yard,Hospital,Level,Library,School,School Bus Route

Foundation Stone

Others

Security Features Smoke Detector,Carbon Monoxide Detectors

Virtual Tour https://u.listvt.com/mls/198404761

Listed by CENTURY 21 SYNERGY REALTY INC.