2 Foster Avenue, Smiths Falls, Ontario K7A 1K1

Listed for:
$365,000
3 beds
2 baths
Listed 10 days ago
Duplex for rent: 2 Foster Avenue, Smiths Falls, Ontario K7A 1K1

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About

Ogden and Foster Located in the heart of the growing community of Smiths Falls, this exceptional duplex presents an outstanding investment opportunity for both seasoned investors and owner-occupants alike. Perfectly positioned on a desirable corner lot, this well-maintained property offers two self-contained units, each with independent driveways, private living spaces, and in-unit laundry - features highly sought after by today's tenants. The property consists of a cozy and efficient 1-bedroom unit currently generating $1,275/month, alongside a spacious 2-bedroom unit bringing in $1,700/month, providing strong and reliable income potential from day one. Current tenants are an excellent asset to the property, offering immediate cash flow and added peace of mind for the next owner. The upper unit has seen many recent updates, while the property as a whole has benefited from numerous improvements and upgrades throughout the Seller's ownership, reflecting true pride of ownership and ongoing care. Spacious, bright interiors and functional layouts create comfortable living environments that continue to attract quality tenants. Outside, the corner lot offers excellent access, ample parking, and added curb appeal. The attached single-car garage provides even more versatility - ideal for additional rental income, secure owner storage, or a workshop space. Conveniently located close to schools, shopping, parks, restaurants, and everyday amenities, this is an opportunity to own a solid income-producing property in one of Eastern Ontario's growing communities. Whether you are looking to expand your investment portfolio, offset your mortgage by living in one unit while renting the other, or secure a turnkey duplex with dependable tenants already in place, this property checks all the boxes. (id:27476)

Property Highlights

MLS® Number
X13100730
Type
Multi-family
Community Name
901 - Smiths Falls
Land Size
58 x 70 FT
Parking Space Total
4

Building

Building Type
Duplex
Storeys
2.00
Square Footage
0 - 699 sqft
Bathrooms Total
2
Bedrooms Above Ground
3
Bedrooms Total
3
Exterior Finish
Stone, Vinyl siding
Fireplace Present
No
Basement Type
N/A (Unfinished)
Basement Features
Building Heating Type
Baseboard heaters, Forced air, Not known
Heating Fuel
Electric, Natural gas
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
RE/MAX AFFILIATES MARQUIS
MLS® number:
X13100730
Agent:
Rob Garvin
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