Property Information:

DUPLEX- This turnkey 1900 sq. ft. duplex is generating strong income from day one, making it an excellent investment opportunity or an ideal owner-occupied property. The main-floor unit is a spacious 2-bedroom, 1-bath suite featuring a fenced private backyard and covered deck. All appliances are included (dishwasher not connected and sold as is). The upper unit offers a 2+1 bedroom, 1-bath layout with appliances included and access to an upper deck from one of the bedrooms. Current rents are $1,700/month for Unit 1 and $1,600/month for Unit 2, with tenants paying their own heat and hydro. Water and sewer are paid by the landlord. Hot water heaters are rentals at $18.58 + HST per unit, and both furnaces are rentals at $93.21 + HST per unit ($223.58 + HST monthly total, and furnaces are transferable). Annual water and sewer costs are approximately $1,400. Whether you're looking to invest, live in one unit while the rental income helps cover most of the mortgage, or add to your investment portfolio, this property is a smart and flexible way to enter-or expand within-the housing market. All pictures are prior to tenants moving in. Many updates have been done to both units; pictures are prior to tenants. 24-36 hours must be given to both tenants for all showings. (id:27)

Building Features:

Style: Duplex
Building Type: Duplex
Basement Type: Crawl space
Exterior Finish: Vinyl siding
Floor Space: 1500 - 2000 sqft
Foundation Type: Stone
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None
Appliances: Dryer, Two stoves

Property Features:

Property Type: Multi-family
Bedrooms: 2
Bathrooms: 2
Floor Space (approx): 1500 - 2000 Square Feet
Irregular: Yes
Lot Depth: 132 Feet
Lot Frontage: 66 Feet
Lot Size: 66 x 132 FT
Pool Type: On Ground Pool
Structure Type: Deck
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 2

Courtesy of: RE/MAX HOMETOWN REALTY INC

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Demographic Information of 5 ROBINSON AVENUE, Smiths Falls, Ontario, K7A 1K3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$91,555.54

Average Number of Children

1.81

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

29.12 %

High school certificate or equivalent

33.71 %

Apprenticeship trade certificate/diploma

2.98 %

College/non-university certificate

26.01 %

University Degree

8.18 %

Commuter

Travel To Work

By Car

82.8 %

By Public Transit

0.0 %

By Walking

15.55 %

By Bicycle

0.0 %

By Other Methods

1.65 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

30.31 %

Houses

69.69 %

5 ROBINSON AVENUE, Smiths Falls, Ontario, K7A 1K3