Unit #316 - 40 Pearl Street
Smiths Falls, ON
- 2 bed
- 1 bath
- approx. 800-899 sqft
- Condo Apartment
Set within one of Smiths Falls' most inviting and beautifully maintained condominium buildings, this bright two-bedroom suite offers a spacious, well-designed layout and a refreshingly easy way of living. The main living area is open, airy, and comfortably sized, with room to gather, entertain, dine, and relax without compromise. A charming Juliette balcony adds a lovely connection to the outdoors, while large windows fill the space with natural light. The kitchen is finished with stone countertops and brand-new stainless steel appliances, with matching stone counters continuing into the full bathroom. Both bedrooms are generous in size, including a spacious primary bedroom with an exceptional walk-in closet. The second bedroom, complete with its own closet, is equally well suited as a guest room, office, or flexible living space. The suite is entirely carpet-free and also features air conditioning and in-unit laundry hookups. Beyond the suite itself, the building is modern, exceptionally well cared for, and genuinely welcoming, with a strong sense of community throughout. Residents enjoy access to a library, common room, fitness area, outdoor patio, beautiful gardens, and a walking path around the property, with green space beyond adding to the peaceful setting. With condo fees of approximately $300 per month, this 30+ building offers an appealing combination of space, comfort, amenities, and value in a setting that feels both polished and easy to call home.
Virtual Tour
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Listing Details
- Taxes (2026)
- $3,212
- Originally Listed
- $325,000
- Listed
- July 10, 2026
Price History
Property
- Style
- Apartment
- Construction
- Brick
- Interior
- Water Heater Owned
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 1
Utilities
- Heat Source
- Electric
Location & Legal
- Cross Street
- Pearl and Percy
- Zoning
- Residential R4
- Parcel Number
- 056950050
- Possession
- Immediate
- Occupancy
- Vacant
Condo
- Maintenance Fee
- $300/month
- Fee Includes
- Water Included, Building Insurance Included, Common Elements Included, Parking Included
- Pets
- Yes-with Restrictions
- Locker
- None
- Balcony
- Juliette
Included
- Inclusions
- Refrigerator, Stove, Dishwasher
- Exclusions
- None
- Rental Items
- None
Schools
Secondary
- Smiths Falls District Collegiate Institute0.4 km
Public · Upper Canada DSB · 700 students
Grade 10 literacy: 79% met the provincial standard
- St. Luke Catholic High School0.7 km
Catholic · CDSB of Eastern Ontario · 110 students
Grade 10 literacy: 19% met the provincial standard
- St. James Catholic Education Centre High School1.8 km
Catholic · CDSB of Eastern Ontario
Elementary
- Chimo Elementary School0.4 km
Public · Upper Canada DSB · 395 students
Grade 3 reading: 82% met the provincial standard · Grade 6 math: 54% met the provincial standard
- St. Luke Catholic School0.6 km
Catholic · CDSB of Eastern Ontario
- Duncan J Schoular Public School1.4 km
Public · Upper Canada DSB · 380 students
Grade 3 reading: 50% met the provincial standard · Grade 6 math: 15% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area K7A
- Population
- 17,575
- Private dwellings
- 7,814
- Median age
- 46.8
- Average household size
- 2.3
- Median household income
- $74,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Condo & Other in Smiths Falls · last 12 months
- Median sold price
- $379,500
- Homes sold
- 153
- Median days on market
- 41
- Sale-to-list price
- 96.5%
Based on 153 recorded sales of residential condo & other properties in Smiths Falls over the last 12 months.
Listed by
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Walk Score
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Location
Street View
Mortgage Calculator
$63,000
Estimated Monthly Payment
$1,548
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
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Mortgage: $1,548/mo (20% down, 5.5%)
Taxes: $268/mo · Insurance: $79/mo
Maint: $300/mo
Estimates only. Consult a financial advisor.
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