7 JASPER AVENUE, Smiths Falls

2026-02-12
 

Quick Summary

Location
7 JASPER AVENUE, Smiths Falls, Ontario K7A4B7
Price
$379,900 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
1500 - 2000 sqft
Bedrooms:
6
Bathrooms:
2

MLS®#X12783768

Property Description

Excellent opportunity for investors or owner-occupants alike! Fully tenanted side-by-side duplex located at 5-7 Jasper Avenue in Smiths Falls, set on a desirable street in a great location on an oversized lot. Featuring two separate driveways, this property offers added convenience and strong curb appeal. Ideal for those looking to expand their investment portfolio or live in one unit while generating income from the other to help offset your mortgage. 5 Jasper Avenue offers a 3-bedroom, 1-bathroom layout with an updated kitchen and bathroom, currently rented at $1,800/month. 7 Jasper Avenue is also a 3-bedroom, 1-bathroom home, currently rented at $899/month. Both tenants are on month-to-month leases and pay their own gas and hydro. Water is paid by the landlord. A solid income-producing property with excellent potential and flexibility in a growing community. Windows 2019, roof 2022, new bathroom 2021. Current cap rate of 6.04%. Potential cap rate 10.14%. NOI $22,929.72. Potential NOI $38,531.52 (id:32467)

Property Features

Building

  • Appliances: Dryer, Oven, Washer, Two Refrigerators
  • Basement Type: Crawl space
  • Cooling Type: None
  • Exterior Finish: Brick
  • Fireplace: No
  • Interior Size: 1500 - 2000 sqft
  • Building Type: Duplex
  • Stories: 2
  • Utility Water: Municipal water

Features

  • Feature: Irregular lot size, Sump Pump

Land

  • Land Size: 150 x 144.9 FT
  • Sewer: Sanitary sewer

Zoning

  • Description: RM

Information entered by SUTTON GROUP - OTTAWA REALTY
Listing information last updated on: 2026-02-12 18:24:31


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Email:
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