Listed for:Listed Aug 28, 2026
$599,900

48 Elmsley Street S

Smiths Falls, ON K7A 3P6

Multiplex For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 48 Elmsley Street S, Smiths Falls, Smiths Falls

No listing history available

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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 48 Elmsley Street S, Smiths Falls, Smiths Falls

Summarized Description

  • Investment property with two rental units available.
  • 3 bedroom unit and 2 bedroom unit.
  • Oversized backyard for tenant enjoyment.
  • Centrally located near parks and downtown.
  • Recent updates to roof, windows, and furnaces.
  • Units include utilities in rental price.
  • Spacious layouts for both units.

Looking for a great investment property then this is the one for you. This 2 unit property offers a 3 bedroom, 1 bath unit at the front of the building and a 2 bedroom, 1 bath unit at the back of the building. Both units are spacious and have access to an oversized backyard that provides plenty of green space where tenants can relax and enjoy summer evenings. The property is centrally located and within walking distance to local parks, the downtown core, area and hospital. There have been a number of updates over the years which include: two furnaces, approximately 10 years old. One gas hot water tank, approximately 10 years old, owned. Roof shingles: approximately 10 years old. Windows: approximately 10 years old. Unit A pays $1125.00 per month with water/sewer, heat & hydro included. Unit B pays $1050.00 with water/sewer, heat & hydro included. The pictures are of the 2 bedroom.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,532
Land Transfer Tax Fee
$8,473

Basement Type
Unfinished

Interior Features

Interior Extras
Water Heater
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck
Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

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

Lot

Lot Front
48.00 ft
Lot Depth
251.00 ft
Lot Size
0.26
Lot Shape
Irregular

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
2
Total Garage And Parking Spaces
2

Heating & Cooling

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

Bedrooms
5
Washrooms
2
Kitchens
1

Room sizes

  • Bathroom—
    Second level
  • Kitchen—
    Main level
  • Other—
    Second level
  • Primary Bedroom—
    Second level
  • Family Room—
    Main level
  • Living Room—
    Main level
  • Bedroom—
    Second level
  • Primary Bedroom—
    Second level
  • Kitchen—
    Main level
  • Foyer—
    Main level
  • Living Room—
    Main level
  • Dining Room—
    Main level
  • Bedroom 2—
    Second level
  • Other—
    Second level
  • Bedroom 3—
    Second level
  • Bathroom—
    Second level
  • Laundry—
    Main level

Washrooms

  • 4-piece, Second
  • 4-piece, Second

Municipality
Smiths Falls
Neighbourhood
Smiths Falls
Main cross streets
Queen St and Elmsley St S
Zoning
Residential
Directions
Elmsley St S is one of the main streets in SF

MLS® number
X13723672
Data source
Toronto Regional Real Estate Board
Listed on
2026-08-28
Updated on
2026-10-14
Days on market
51 days
Possession date
2026-09-29
Possession type
Flexible
Co-op commission
2.0
Seller
Listed by
ROYAL LEPAGE INTEGRITY REALTY

Home Market Value

Current home valuation for 48 Elmsley Street S, Smiths Falls, Smiths Falls, Smiths Falls, ON. Listed for $599,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 48 Elmsley Street S, 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

$
Smiths Falls, ON
Minimum Down Payment Required:5.8%

5% on first $500K + 10% on $99,900 over $500K

Minimum down payment

$34,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$22,580$16,737$14,278$0
=Total mortgage
$587,086$556,647$524,193$479,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,866monthly$2,718monthly$2,559monthly$2,343monthly
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Land Transfer Tax

Provincial

$8,473

Total Land Transfer Tax

$8,473

Around this home

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