27-29 Market Street, Smiths Falls, ON

$499,000
MLS#:X12335043
8 beds
4 baths
2000-2500 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] fourplex located in the coveted neighborhood of 901 - Smiths Falls. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 8 Bedrooms and 4 Bathrooms with 4 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 58.58 x 63.6 ft lot
  • Features a ["exposed rock", "unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Water Heater Owned
  • equipped with ["window unit(s)"] central cooling and highly efficient forced air heating via gas

Great Investment opportunity. This is a residential property with four self-contained units. There is no laundry facilities in three of the units but has 2 laundromats close by. (Unit 27B has a washer/dryer hookup). Just steps from the downtown core and close to shopping, hospital and community centre. Each unit has it's own parking space, 1 each. Separate heating controls in 29A & 29B as they both have their own furnace. 27B & 27A's furnace is in the basement. These units are carpet free except for 29B which has carpet in the Living Room. HWT are owned, gas in 29 and electric in 27. Approximately 4-5 years old. Back yard is useable for barbecues, etc. One car older garage at the side is presently used by the Seller & 27A tenant. Metal roof was new in July, 2025. Most of the windows have been changed. Seller has someone cut the lawn. Fridge and stove in all units belong to Seller. Just take over and start earning income.

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Key Features

Bedrooms
8
Bathrooms
4
Kitchens
4
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 21, 2025
Sold price information is available to members only
Listed Date8/8/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeFourplex
Architectural Style2-Storey
ConstructionVinyl Siding
BasementExposed Rock, Unfinished
Lot Size58.58 × 63.6 Feet
CountyLanark
Annual Tax$4,388.76
Legal DescriptionPT Lot 212 S/S Russell St., Plan 13884, Lanark S, South Elmsley As In RS132885; S/T & T/W RS132885, Town of Smiths Falls

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingWindow Unit(s)

Features

Property Features

Place Of Worship

Interior Features

Water Heater Owned

Security Features

Smoke Detector

Community Features

Location

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27-29 Market Street, Smiths Falls, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 27-29 Market Street N 27A, 27B, 29A, 29B, Smiths Falls, ON K7A 2E5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$399,200
Monthly Mortgage$2,319
Property Tax (Est.)$366
Utilities & Maint.$350
Total Monthly Cost$3,035

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Smiths Falls.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 901 Smiths Falls, Smiths Falls.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Duncan J Schoular
Public41 McGill Street South, Smiths Falls, Ontario, K7A 3M9
2.6
Chimo
Public11 Ross Street, Smiths Falls, Ontario, K7A 4V7
3.7
St Francis de Sales
Public4 Ross Street, Smiths Falls, Ontario, K7A 4L5
2.9

Secondary Schools

St. Luke Catholic
Catholic5 Catherine Street, Smiths Falls, Ontario, K7A 3Z9
0.9
Smiths Falls
Public10 Ontario Street, Smiths Falls, Ontario, K7A 4P9
3.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.