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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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$579,999
Available - For Sale
Listing ID: X13827710
TURNKEY INCOME OPPORTUNITY Duplex with $3,200/MONTH in current rental income! Welcome to 110 Chambers Street, a well-established two-unit property offering strong cash flow, separate hydro and over $60,000 in significant recent improvements. The upper unit rents for $1,400/month, while the lower unit generates $1,800/month. Tenants pay their own separately metered hydro, with the owner covering gas and water. Major capital improvements provide added peace of mind, including a new shingled roof with added sheeting (2022 - $20,300), new upper-unit washing machine (2024 - $1,000), new flat roof (2025 - $3,600), extensively restructured and replaced decks ($37,400), and updated lower eaves troughing on the Market Street side ($1,250). Original windows have also been replaced with vinyl windows. The property features radiant heating supplied by a high-efficiency gas boiler. The upper unit has an electric stove and electric water heater, while the lower unit has an electric stove and gas water heater. Parking is another bonus, with 2 spaces for the upper unit, potentially 3 with tandem parking, plus 1 space for the lower unit. With established tenants, impressive recent improvements and immediate rental income already in place, this is a compelling opportunity to add a solid income-producing property to your investment portfolio. Basement bathroom is being sold "as is."
Price $579,999
Taxes: $4,062
Assessment Year: 2025
Occupancy by: Owner
Address: 110 Chambers Street , Smiths Falls, K7A 2Z1, Lanark
Directions/Cross Streets: Coming from Carleton Place, take highway 15 into Smiths Falls, Right onto Cornelia St E, Left onto E
Rooms: 12
Bedrooms: 4
Bedrooms +: 0
Washrooms: 2
Family Room: F
Basement: Full
Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living Ro 0 0
Room 2: Main Kitchen 0 0
Room 3: Main Bedroom 0 0
Room 4: Main Bathroom 0 0 3 Pc Bath
Room 5: Main Bedroom 0 0
Room 6: Main Laundry 0 0
Room 7: Second Living Ro 0 0
Room 8: Second Kitchen 0 0
Room 9: Second Bedroom 0 0
Room 10: Second Bedroom 0 0
Room 11: Second Bathroom 0 0 3 Pc Bath
Room 12: Second Laundry 0 0
Room 13: Basement Other 0 0
No. of Pieces Level
Washroom 1:  3 Second
Washroom 2:  3 Ground
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  3 Second
Washroom 7:  3 Ground
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  3 Second
Washroom 12:  3 Ground
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  3 Second
Washroom 17:  3 Ground
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  3 Second
Washroom 22:  3 Ground
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Washroom 26:  3 Second
Washroom 27:  3 Ground
Washroom 28:  0
Washroom 29:  0
Washroom 30:  0
Washroom 31:  3 Second
Washroom 32:  3 Ground
Washroom 33:  0
Washroom 34:  0
Washroom 35:  0
Property Type: Duplex
Style: 2-Storey
Exterior: Brick
Vinyl Siding
Garage Type: None
Drive Parking Spaces: 3
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Radiant
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Total Payment $ $ $ $
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EXP REALTY

110 Chambers Street , Smiths Falls, K7A 2Z1, Lanark

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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At a Glance:
Type: Freehold - Duplex
Area: Lanark
Municipality: Smiths Falls
Neighbourhood: 901 - Smiths Falls
Style: 2-Storey
Lot Size: x 40.00(Feet)
Approximate Age:
Tax: $4,062
Maintenance Fee: $0
Beds: 4
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854 Personal Pic
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