
Unit Unit #316, 40 Pearl Street
Smiths Falls, ON K7A 5B5
- 2Bedrooms
- 1Bathroom
- 1Parking
- 800–899Sq Ft
- $3,212Tax
- $300/moCondo Fee
- Estimated Value:$310,500See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for Unit Unit #316, 40 Pearl Street, Smiths Falls, Smiths Falls
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About Unit Unit #316, 40 Pearl Street, Smiths Falls, Smiths Falls
Summarized Description
- Bright two-bedroom suite in Smiths Falls
- Open concept living area with natural light
- Juliette balcony for outdoor connection
- Modern kitchen with stone countertops
- Spacious primary bedroom with walk-in closet
- Carpet-free suite with in-unit laundry
- Access to community amenities and gardens
- Condo fees provide great value
Set within one of Smiths Falls' most inviting and beautifully maintained condominium buildings, this bright two-bedroom suite offers a spacious, well-designed layout and a refreshingly easy way of living. The main living area is open, airy, and comfortably sized, with room to gather, entertain, dine, and relax without compromise. A charming Juliette balcony adds a lovely connection to the outdoors, while large windows fill the space with natural light. The kitchen is finished with stone countertops and brand-new stainless steel appliances, with matching stone counters continuing into the full bathroom. Both bedrooms are generous in size, including a spacious primary bedroom with an exceptional walk-in closet. The second bedroom, complete with its own closet, is equally well suited as a guest room, office, or flexible living space. The suite is entirely carpet-free and also features air conditioning and in-unit laundry hookups. Beyond the suite itself, the building is modern, exceptionally well cared for, and genuinely welcoming, with a strong sense of community throughout. Residents enjoy access to a library, common room, fitness area, outdoor patio, beautiful gardens, and a walking path around the property, with green space beyond adding to the peaceful setting. With condo fees of approximately $300 per month, this 30+ building offers an appealing combination of space, comfort, amenities, and value in a setting that feels both polished and easy to call home.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,212
- Land Transfer Tax Fee
- $3,200
Condo/Maintenance Fee
- Maintenance Fee
- $300 /month
Included In Maintenance Fee
- Water Included
- Building Insurance Included
- Common Elements Included
- Parking Included
Rental Items
- Rental Equipment
- None
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Electric Dryer Hookup, Washer Hookup
- Interior Extras
- Water Heater Owned
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Balcony
- Juliette
Building
- Building Type
- Condo Apartment
- Building Style
- Apartment
- Building Name
- Colonel By Apartments
- Condo Corp Number
- 5
Construction
- Exposure
- South East
- Exterior Finish
- Brick
- Special Designation
- Unknown
Inclusions
- Inclusions
- Refrigerator, Stove, Dishwasher
Exclusions
- Exclusions
- None
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Type
- Exclusive
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Lockers
- Locker Type
- None
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 2
- Washrooms
- 1
- Kitchens
- 1
Washrooms
- 4-piece
- Municipality
- Smiths Falls
- Neighbourhood
- Smiths Falls
- Main cross streets
- Pearl and Percy
- Zoning
- Residential R4
- Directions
- Jasper Avenue to Pearl St.
- MLS® number
- X13551086
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-09-30
- Listed on
- 2026-07-10
- Days on market
- 82 days
- Possession type
- Immediate
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- RE/MAX AFFILIATES MARQUIS
Home Market Value
Current home valuation for Unit Unit #316, 40 Pearl Street, Smiths Falls, Smiths Falls, Smiths Falls, ON. Listed for $315,000
HOMEH Estimate
$310,500
Estimated Sales Range
$252,094 - $368,906
HOMEH Estimate for Unit Unit #316, 40 Pearl Street, Smiths Falls, 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
5% of purchase price for homes $500K or less
$15,750
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $11,970 | $8,789 | $7,497 | $0 |
=Total mortgage | $311,220 | $292,289 | $275,247 | $252,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,520monthly | $1,427monthly | $1,344monthly | $1,230monthly |
Land Transfer Tax
$3,200
$3,200
Around this home
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