Listed for:Listed 29 days ago
$499,900

71 Stephen Street

Smiths Falls, ON K7A 1K7

Multiplex For Sale
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Sale & Price History for 71 Stephen Street, 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 71 Stephen Street, Smiths Falls, Smiths Falls

Summarized Description

  • Up/down duplex with two self-contained suites.
  • Three bedrooms in upper unit, two in lower.
  • Potential to live in one unit and rent the other.
  • Steel roofing installed in 2022.
  • Parking available for four vehicles.
  • Lower suite currently tenanted at $1100/month.
  • Good sized yard for outdoor activities.
  • Laundry facilities in both units.

Vacant upper unit, tenanted lower unit. Good upside potential here. This up/down duplex offers 3 bedrooms upstairs with a 4- piece bathroom, a kitchen, laundry closet, a dining area, a living room and mudroom entrance. The lower level adds a second self-contained suite with 2 more bedrooms, a 2nd kitchen, another living room and dining area plus a 4- piece bathroom. The home has 2 100-amp breaker panels, each unit with its own meter. Steel roofing (2022). One new hot water tank in 2014 and one in 2024. This is a great opportunity to live in and rent one suite or rent both units. An easy managed lot with parking on the side. Lower suite is currently tenanted and is being sold with a Buyer assuming the tenancy. Tenant paying $1100/month plus Hydro (heat) on a 1year lease through to Sept 30, 2026. Good sized yard. Parking for 4 vehicles. Steel roofing too. Note: Photos available only for the upper vacant unit. Lower level tenant is good and tidy but requested privacy.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,123
Land Transfer Tax Fee
$6,473

Basement Type
Apartment, Finished

Interior Features

Interior Extras
Carpet Free, Separate Heating Controls, Separate Hydro Meter, Water Heater Owned
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Vinyl Siding
Roof
Metal
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
50.00 ft
Lot Depth
110.00 ft

Exclusions

Exclusions
Lower tenant appliances and belongings.

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
4
Total Garage And Parking Spaces
4

Heating & Cooling

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

Bedrooms
3 + 2
Washrooms
2
Kitchens
2

Room sizes

  • Kitchen—
    Upper level
  • Bedroom—
    Upper level
  • Bedroom 2—
    Lower level
  • Living Room—
    Upper level
  • Kitchen—
    Lower level
  • Dining Room—
    Lower level
  • Bedroom—
    Lower level
  • Bedroom 3—
    Upper level
  • Bedroom 2—
    Upper level
  • Living Room—
    Lower level
  • Dining Room—
    Upper level
  • Laundry—
    Lower level

Washrooms

  • 4-piece, Upper
  • 4-piece, Lower

Municipality
Smiths Falls
Neighbourhood
Smiths Falls
Main cross streets
McCann and Stephen St.
Zoning
R3 Residential
Directions
From downtown Smiths Falls follow Beckwith St north to Cornelia St. Follow under the underpass and turn right onto McCann St. Approx. 4 blocks up, urn left onto Stephen St. House # 71 on the right
Waterfront
None

MLS® number
X13790848
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-16
Updated on
2026-09-16
Days on market
29 days
Possession type
60-89 days
Co-op commission
2.0%
Seller
Listed by
RE/MAX AFFILIATES MARQUIS

Home Market Value

Current home valuation for 71 Stephen Street, Smiths Falls, Smiths Falls, Smiths Falls, ON. Listed for $499,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 71 Stephen Street, Smiths Falls, Smiths Falls

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

Insufficient Data
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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Smiths Falls, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$24,995

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$18,996$13,947$11,898$0
=Total mortgage
$493,901$463,857$436,813$399,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,411monthly$2,265monthly$2,133monthly$1,953monthly
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Land Transfer Tax

Provincial

$6,473

Total Land Transfer Tax

$6,473

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