48 Elmsley Street
Smiths Falls, ON
- 2 bed
- 1 bath
- approx. 3000-3500 sqft
- Duplex
- 21 days on market
Looking for a great investment property then this is the one for you. This 2 unit property offers a 3 bedroom, 1 bath unit at the front of the building and a 2 bedroom, 1 bath unit at the back of the building. Both units are spacious and have access to an oversized backyard that provides plenty of green space where tenants can relax and enjoy summer evenings. The property is centrally located and within walking distance to local parks, the downtown core, area and hospital. There have been a number of updates over the years which include: two furnaces, approximately 10 years old. One gas hot water tank, approximately 10 years old, owned. Roof shingles: approximately 10 years old. Windows: approximately 10 years old. Unit A pays $1125.00 per month with water/sewer, heat & hydro included. Unit B pays $1050.00 with water/sewer, heat & hydro included. The pictures are of the 2 bedroom.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $4,532
- Listed
- August 28, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Foundation
- Stone
- Interior
- Water Heater
- Lot Size
- 48 x 251 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 2
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Queen St and Elmsley St S
- Zoning
- Residential
- Parcel Number
- 052760038
- Possession
- Flexible
- Occupancy
- Tenant
Schools
Elementary
- Duncan J Schoular Public School0.2 km
Public · Upper Canada DSB · 380 students
Grade 3 reading: 50% met the provincial standard · Grade 6 math: 15% met the provincial standard
- St Francis de Sales Separate School0.5 km
Catholic · CDSB of Eastern Ontario · 430 students
Grade 3 reading: 61% met the provincial standard · Grade 6 math: 31% met the provincial standard
- Chimo Elementary School1.3 km
Public · Upper Canada DSB · 395 students
Grade 3 reading: 82% met the provincial standard · Grade 6 math: 54% met the provincial standard
Secondary
- St. James Catholic Education Centre High School0.5 km
Catholic · CDSB of Eastern Ontario
- St. Luke Catholic High School1.3 km
Catholic · CDSB of Eastern Ontario · 110 students
Grade 10 literacy: 19% met the provincial standard
- Smiths Falls District Collegiate Institute1.4 km
Public · Upper Canada DSB · 700 students
Grade 10 literacy: 79% 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 Freehold in Smiths Falls · last 12 months
- Median sold price
- $380,000
- Homes sold
- 155
- Median days on market
- 41
- Sale-to-list price
- 96.5%
Based on 155 recorded sales of residential freehold properties in Smiths Falls over the last 12 months.
Rooms
4-piece on Second
Second
- Bathroom9'11" x 9'6"
- Other8'7" x 8'5"
- Primary Bedroom14'3" x 14'
Main
- Family Room17'2" x 9'2"
- Kitchen13'10" x 13'9"
- Living Room17'2" x 29'11"
Listed by
ROYAL LEPAGE INTEGRITY REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$119,980
Estimated Monthly Payment
$2,947
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
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,947/mo (20% down, 5.5%)
Taxes: $378/mo · Insurance: $150/mo
Estimates only. Consult a financial advisor.
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