71 Russell Street E
Smiths Falls, ON K7A 1G5
- 4Bedrooms
- 2Bathrooms
- 3Parking
- 2000–2500Sq Ft
- $3,531Tax
- 62×122 ftLot Size
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About 71 Russell Street E, Smiths Falls
Summarized Description
- Well-maintained brick duplex in Smiths Falls.
- Two separate 2-bed, 1-bath rental units.
- Central air and separate hydro meters for each unit.
- Newer gas furnaces and recent roof updates.
- Paved parking for three vehicles available.
- Great investment opportunity with long-term tenants.
- Close to schools and local amenities.
- Shared fenced backyard for tenant use.
71 Russell Street East offers a flexible opportunity for investors and owner-occupants alike. Whether you're looking to add to your portfolio, purchase your first income property, or explore the possibility of living in one unit while benefiting from rental income from the other, this duplex offers both flexibility and future potential. The property features two 2-bedroom, 1-bath units with existing tenants already in place, making it well suited to continued investment use while also presenting future owner-occupancy possibilities. Buyers entering the market may appreciate the opportunity to combine homeownership with income generation in one property. Recent updates provide added peace of mind, including a new roof completed in 2019 with 40-year shingles, along with two gas furnaces updated in 2017 and 2024. The property also offers ample tenant storage space and parking for three vehicles. Conveniently located close to schools, shopping, and everyday amenities, 71 Russell Street East presents an opportunity to step into the market with flexibility already built in, whether your goals are investment, homeownership, or a combination of both.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $3,531
- Land Transfer Tax Fee
- $4,975
Rental Items
- Rental Equipment
- HWT heaters (2)
- Basement Type
- Unfinished
Interior Features
- Interior Extras
- Separate Heating Controls, Separate Hydro Meter
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Porch
- 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
- 61.50 ft
- Lot Depth
- 121.90 ft
Inclusions
- Inclusions
- 2- refrigerators, 2- stoves, lawnmower
Exclusions
- Exclusions
- Tenant belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 3
- Total Garage And Parking Spaces
- 3
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4
- Washrooms
- 2
- Kitchens
- 2
Washrooms
- 4-piece, Main
- 4-piece, Upper
- Municipality
- Smiths Falls
- Neighbourhood
- Smiths Falls
- Main cross streets
- Thom St
- Directions
- From Elmsley St N head west on Russell St E
- Waterfront
- None
- MLS® number
- X13006544
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-10-07
- Listed on
- 2026-04-14
- Days on market
- 176 days
- Possession type
- Immediate
- Co-op commission
- 2.0
- Seller
- Listed by
- SUTTON ESSENTIAL REALTY
Home Market Value
Current home valuation for 71 Russell Street E, Smiths Falls, Smiths Falls, ON. Listed for $425,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 71 Russell Street E, 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
$21,250
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $16,150 | $11,858 | $10,115 | $0 |
=Total mortgage | $419,900 | $394,358 | $371,365 | $340,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,050monthly | $1,925monthly | $1,813monthly | $1,660monthly |
Land Transfer Tax
$4,975
$4,975
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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