Was listed for:Terminated Jul 6, 2026
$365,000

2 Foster Avenue

Smiths Falls, ON K7A 1K1

Multiplex TerminatedNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 2 Foster Avenue, Smiths Falls

2026-05-07
2026-07-06
Terminated
Price
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MLS#
x13100730
2024-07-17
2024-12-06
Expired
Price
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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 2 Foster Avenue, Smiths Falls

Summarized Description

  • Exceptional duplex with two self-contained units.
  • Strong income potential from reliable tenants.
  • Located on a desirable corner lot.
  • In-unit laundry in both units.
  • Recent updates enhance property value.
  • Turnkey property ready for new owner.
  • Ample parking and excellent access.
  • Close to schools, shopping, and parks.

Located in the heart of the growing community of Smiths Falls, this exceptional duplex presents an outstanding investment opportunity for both seasoned investors and owner-occupants alike. Perfectly positioned on a desirable corner lot, this well-maintained property offers two self-contained units, each with independent driveways, private living spaces, and in-unit laundry - features highly sought after by today's tenants. The property consists of a cozy and efficient 1-bedroom unit currently generating $1,275/month, alongside a spacious 2-bedroom unit bringing in $1,700/month, providing strong and reliable income potential from day one. Current tenants are an excellent asset to the property, offering immediate cash flow and added peace of mind for the next owner. The upper unit has seen many recent updates, while the property as a whole has benefited from numerous improvements and upgrades throughout the Seller's ownership, reflecting true pride of ownership and ongoing care. Spacious, bright interiors and functional layouts create comfortable living environments that continue to attract quality tenants. Outside, the corner lot offers excellent access, ample parking, and added curb appeal. The attached single-car garage provides even more versatility - ideal for additional rental income, secure owner storage, or a workshop space. Conveniently located close to schools, shopping, parks, restaurants, and everyday amenities, this is an opportunity to own a solid income-producing property in one of Eastern Ontario's growing communities. Whether you are looking to expand your investment portfolio, offset your mortgage by living in one unit while renting the other, or secure a turnkey duplex with dependable tenants already in place, this property checks all the boxes.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,716
Land Transfer Tax Fee
$3,950

Rental Items

Rental Equipment
Hot Water Heater

Basement Type
Unfinished

Interior Features

Interior Extras
Other
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Stone, Vinyl Siding
Roof
Asphalt Shingle, Metal
Foundation Details
Stone
Special Designation
Unknown

Lot

Lot Front
58.00 ft
Lot Depth
70.00 ft

Exclusions

Exclusions
Tenants belonings

Parking & Garages

Garage Type
Attached
Garage Spaces
1
Parking Spaces
3
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
None
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Available
Telephone
Available

Bedrooms
3
Washrooms
2
Kitchens
2

Washrooms

  • 4-piece, Main
  • 4-piece, Second

Municipality
Smiths Falls
Neighbourhood
Smiths Falls
Main cross streets
Ogden and Foster
Zoning
R3
Directions
Ogden and Foster

MLS® number
X13100730
Data source
Toronto Regional Real Estate Board
Status change
2026-07-06
Listed on
2026-05-07
Days on market
60 days
Possession type
Immediate
Co-op commission
2.0
Seller
Listed by
RE/MAX AFFILIATES MARQUIS

Home Market Value

Current home valuation for 2 Foster Avenue, Smiths Falls, Smiths Falls, ON. Listed for $365,000

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Estimated Sales Range

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HOMEH Estimate for 2 Foster Avenue, Smiths Falls

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Smiths Falls, ON
Minimum Down Payment Required:5.0%

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Minimum down payment

$18,250

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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%
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+CMHC insurance
$13,870$10,184$8,687$0
=Total mortgage
$360,620$338,684$318,937$292,000
Amortization
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%
%
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=Mortgage payment
$1,761monthly$1,654monthly$1,557monthly$1,426monthly
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Land Transfer Tax

Provincial

$3,950

Total Land Transfer Tax

$3,950

Around this home

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0/100Minimal Transit
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