Sold for:Sold Apr 23, 2025
$529,900

1 Queen Street

Smiths Falls, ON K7A 3N1

Multiplex SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 1 Queen Street, Smiths Falls

2025-04-04
2025-04-24
Sold
Price
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MLS#
x12062353

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 1 Queen Street, Smiths Falls

TRIPLEX Welcome to 1 Queen Street! Discover this incredible investment opportunity in the ever-growing, family-friendly community of Smiths Falls. This Victorian triplex with a detached, double car garage, boasts three spacious units with excellent layouts and in-suite laundry for added convenience. The property includes: Two 2-bedroom units, currently rented at $1700/month and $1200/month. One 1-bedroom unit, currently rented at $1300/month. This property offers a 6.8% cap rate. The building features a private 4-car paved driveway and an outdoor area for tenant enjoyment with river views from each apartment. Located in a prime area with easy access to Ottawa, this triplex is within close proximity to schools, parks, trails, the river, and all the amenities Smiths Falls has to offer. Don't miss out on this exceptional opportunity. This beautiful building is one you would be proud to own.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,834
Land Transfer Tax Fee
$7,073

Rental Items

Rental Equipment
None

Basement Type
Unfinished

Interior Features

Interior Extras
Water Heater, Separate Hydro Meter
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Park, School Bus Route, School, Library, Hospital

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Brick, Wood
Roof
Asphalt Shingle
Foundation Details
Stone
Special Designation
Unknown

Lot

Lot Front
64.00 ft
Lot Depth
120.00 ft
Lot Size
7680

Inclusions

Inclusions
Washer x3, Dryer x 3, Refrigerator x 3, Stove x 3, Hot water tanks x 3

Parking & Garages

Garage Type
Detached
Garage Spaces
2
Parking Spaces
5
Total Garage And Parking Spaces
5

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes

Bedrooms
6
Washrooms
3
Kitchens
3

Washrooms

  • 4-piece

Municipality
Smiths Falls
Neighbourhood
Smiths Falls
Main cross streets
Thurber and Elmsley St
Directions
From Hwy 15 Carleton Place turn right on to Cornelia St. Turn left on to Elmsley St which turns into Queen Street. The property is on the corner of Queen and Thurber Street.
Waterfront
Indirect

MLS® number
X12062353
Data source
Toronto Regional Real Estate Board
Status change
2025-04-24
Listed on
2025-04-04
Days on market
20 days
Possession type
Other
Co-op commission
2.5
Seller
Listed by
RE/MAX AFFILIATES REALTY LTD.

Home Market Value

Current home valuation for 1 Queen Street, Smiths Falls, Smiths Falls, ON. Listed for $529,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 1 Queen Street, Smiths Falls

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Smiths Falls, ON
Minimum Down Payment Required:5.3%

5% on first $500K + 10% on $29,900 over $500K

Minimum down payment

$27,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$20,073$14,784$12,612$0
=Total mortgage
$521,888$491,694$463,027$423,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,548monthly$2,401monthly$2,261monthly$2,070monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$7,073

Total Land Transfer Tax

$7,073

Around this home

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