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110 Chambers Street, Smiths Falls, ON K7A 2Z1

Smiths Falls, ON, K7A 2Z1 · 901 - Smiths Falls

4 Beds
2 Baths
— Sq Ft
3 Parking
Duplex Type
X13827710 MLS#

About this property

TURNKEY INCOME OPPORTUNITY Duplex with $3,200/MONTH in current rental income! Welcome to 110 Chambers Street, a well-established two-unit property offering strong cash flow, separate hydro and over $60,000 in significant recent improvements. The upper unit rents for $1,400/month, while the lower unit generates $1,800/month. Tenants pay their own separately metered hydro, with the owner covering gas and water. Major capital improvements provide added peace of mind, including a new shingled roof with added sheeting (2022 - $20,300), new upper-unit washing machine (2024 - $1,000), new flat roof (2025 - $3,600), extensively restructured and replaced decks ($37,400), and updated lower eaves troughing on the Market Street side ($1,250). Original windows have also been replaced with vinyl windows. The property features radiant heating supplied by a high-efficiency gas boiler. The upper unit has an electric stove and electric water heater, while the lower unit has an electric stove and gas water heater. Parking is another bonus, with 2 spaces for the upper unit, potentially 3 with tandem parking, plus 1 space for the lower unit. With established tenants, impressive recent improvements and immediate rental income already in place, this is a compelling opportunity to add a solid income-producing property to your investment portfolio. Basement bathroom is being sold "as is."

Features & Amenities

  • Basement: Full, Unfinished
  • Garage: None
  • Cooling: Central Air
  • Heat Type: Radiant
  • Heat Source: Gas
  • Style: 2-Storey
  • Construction: Brick, Vinyl Siding
  • Sewer: Sewer

Property Details

Property Type Residential Freehold
Property Sub-Type Duplex
Architectural Style 2-Storey
Bedrooms 4
Bathrooms 2
Basement Full, Unfinished
Garage None
Parking Spaces 3
Heat Type Radiant
Heat Source Gas
Cooling Central Air
Sewer Sewer
Annual Tax $4,062
Tax Year 2025

Interior Features

Interior Features
None

Exterior Features

Pool Features
None

Building & Construction

Architectural Style
2-Storey
Construction Materials
Brick, Vinyl Siding
Foundation Details
Stone
Roof
Asphalt Shingle
Basement
Full, Unfinished

Heating & Cooling

Heat Type
Radiant
Heat Source
Gas
Cooling
Central Air

Parking & Garage

Garage Type
None
Parking Spaces
3
Parking Total
3.00
Covered Spaces
0

Lot & Land

Lot Size Units
Feet
Lot Depth
40.00
Lot Width
66.00

Financial & Tax

Tax Annual Amount
$4,062
Tax Year
2025
Possession Type
Flexible
Possession Details
ASAP

Utilities & Services

Sewer
Sewer

Room Details

Rooms Above Grade
12
Kitchens Above Grade
2
Kitchens Total
2
Bedrooms Above Grade
4

Additional Details

Occupant Type
Owner
Direction Faces
North
County Or Parish
Lanark
Cross Street
Coming from Carleton Place, take highway 15 into Smiths Falls, Right onto Cornelia St E, Left onto Elmsley St N, Left onto Chambers St.
Directions
Coming from Carleton Place, take highway 15 into Smiths Falls, Right onto Cornelia St E, Left onto Elmsley St N, Left onto Chambers St.
Special Designation
Unknown
Showing Requirements
Lockbox, Showing System

Location

110 Chambers Street, Smiths Falls, ON K7A 2Z1, Smiths Falls, ON, K7A 2Z1

Listing courtesy of EXP REALTY
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