7 Jasper Avenue
Smiths Falls, ON K7A 4B7
- 6Bedrooms
- 2Bathrooms
- 5Parking
- 1500–2000Sq Ft
- $2,837Tax
- 150×145 ftLot Size
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 7 Jasper Avenue, Smiths Falls
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-02-12 | 2026-03-13 | Login to See Prices | Sold | x12783768 |
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About 7 Jasper Avenue, Smiths Falls
Summarized Description
- Fully tenanted side-by-side duplex for investors.
- Updated kitchen and bathroom in both units.
- Oversized lot with strong curb appeal.
- Two separate driveways for added convenience.
- Current cap rate of 6.04%, potential 10.14%.
- Located in a growing community.
- Both units rented month-to-month.
- Solid income-producing property with flexibility.
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
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,837
- Land Transfer Tax Fee
- $3,724
- Basement Type
- Crawl Space
Interior Features
- Laundry Level
- Main Level
- Interior Extras
- Storage, Sump Pump
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
- Approx Age
- 100+
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Unknown
- Special Designation
- Unknown
Lot
- Lot Front
- 150.00 ft
- Lot Depth
- 144.88 ft
- Lot Shape
- Irregular
Inclusions
- Inclusions
- 2 ovens, 2 fridges, 1 stacked washer/dryer, 1 washing machine
Exclusions
- Exclusions
- Dryer 7 Jasper Avenue (owned by tenant)
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 5
- Parking Spaces
- 5
- Total Garage And Parking Spaces
- 5
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Yes
- Bedrooms
- 6
- Washrooms
- 2
- Kitchens
- 2
Washrooms
- 3-piece, Second
- Municipality
- Smiths Falls
- Neighbourhood
- Smiths Falls
- Main cross streets
- Jasper and Beckwith Street N
- Zoning
- RM
- Directions
- East on Jasper Avenue
- MLS® number
- X12783768
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-03-13
- Listed on
- 2026-02-12
- Days on market
- 29 days
- Possession date
- 2026-03-01
- Possession type
- Immediate
- Co-op commission
- 2%
- Seller
- Listed by
- SUTTON GROUP - OTTAWA REALTY
Home Market Value
Current home valuation for 7 Jasper Avenue, Smiths Falls, Smiths Falls, ON. Listed for $349,900
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 7 Jasper Avenue, Smiths Falls
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$17,495
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $13,296 | $9,762 | $8,328 | $0 |
=Total mortgage | $345,701 | $324,672 | $305,743 | $279,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,688monthly | $1,585monthly | $1,493monthly | $1,367monthly |
Land Transfer Tax
$3,724
$3,724
Around this home
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