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248 LERA Street

248 LERA Street

Smiths Falls, ON

  • 4 bed
  • 3 bath
  • approx. 1500-2000 sqft
  • Detached
$775,000Price reduced 3%

An exceptional home, built to high quality specifications. This spectacular walk-out back bungalow is sure to please with 1860 sq ft finished, on both levels. From the covered front porch, a welcoming foyer greets you next to an essentials home office (alternately a 3rd main level bedroom with a closet). Move to the open concept living room with its beautiful feature wall & gas fireplace. The spacious open dining area also offers access to the upper-level deck with a retractable awning & sunscreen. Next you will love the gourmets delight kitchen with an abundance of higher end cabinetry, a breakfast island bar & granite countertops. The kitchen is complimented with stainless steel appliances including a 3-door fridge, stove, microwave/hood-fan & dishwasher. There is an inside access door to the garage, a main floor laundry room with washer and dryer, a main level 3-piece bathroom plus a 2nd guest bedroom. Next take in the pampering master suite with a generous walk-in closet, a 5-piece ensuite with a soaker tub, a separate glass shower stall, a makeup vanity with lighted mirror & convenient double sinks. Head down the showcase stairwell to the finished lower-level family room . Moving through to the playroom & then onto the games room area with a door leading to the lower-level patio & private back yard. There is a 3rd bathroom, a 4th bedroom, a utility storage rm. & a cold storage rm. This lovely home offers tile & hardwood flooring throughout the main level with tile & laminate flooring on the lower level. For added comfort & efficiency, the lower-level floor & upper-level ceramic tile are heated by radiant hot water heating plus there is also a forced air furnace with central air conditioning. Other features including high ceilings on both levels, a Natural Gas on-demand hot water supply, 2 Natural gas BBQs connected, a well landscaped yard, a twin door 2 car oversized garage, aristocrat stone & stucco exterior plus a wide driveway. Note the home is now vacant.

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Listing Details

Taxes (2025)
$7,777
Originally Listed
$799,000
Listed
September 20, 2026

Price History

Listing history

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Property

Style
Bungalow
Construction
Stucco (Plaster), Stone
Roof
Asphalt Shingle
Foundation
Concrete
Interior
Air Exchanger, Carpet Free, In-Law Capability, On Demand Water Heater, Storage
Lot Size
57.61 x 127.5 Feet

Parking

Garage
Attached
Covered Spaces
2
Total Parking
6

Utilities

Sewer
Sewer
Heat Source
Gas

Location & Legal

Cross Street
Lera St and Ross
Zoning
residential - R1
Parcel Number
052860030
Possession
Immediate
Occupancy
Vacant

Included

Inclusions
Stove, Microwave/Hood Fan, Dryer, Washer, Refrigerator, Dishwasher, 2 Natural Gas BBQ's (connected)

Schools

Secondary

  • Smiths Falls District Collegiate Institute0.1 km

    Public · Upper Canada DSB · 700 students

    Grade 10 literacy: 79% met the provincial standard

  • St. Luke Catholic High School0.2 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 School0.1 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 School0.2 km

    Catholic · CDSB of Eastern Ontario

  • Duncan J Schoular Public School1.5 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 Freehold in Smiths Falls · last 12 months

Median sold price
$379,500
Homes sold
155
Median days on market
36
Sale-to-list price
96.7%

Based on 155 recorded sales of residential freehold properties in Smiths Falls over the last 12 months.

Rooms

3-piece on Main, 5-piece on Main, 3-piece on Lower

Main

  • Bedroom10'11" x 9'11"
  • Bedroom10'11" x 10'8"
  • Dining Room14'6" x 10'3"
  • Foyer13'1" x 6'2"
  • Great Room15'4" x 13'3"
  • Kitchen14'6" x 9'4"
  • Primary Bedroom15'4" x 14'4"

Lower

  • Bedroom16'11" x 14'1"
  • Family Room20' x 16'6"
  • Game Room21'8" x 12'10"
  • Recreation18' x 14'9"
  • Utility Room16'8" x 11'11"
  • Utility Room16'8" x 11'8"

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Walk Score

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Mortgage Calculator

$155,000

Estimated Monthly Payment

$3,807

Land transfer tax

Estimated land transfer tax$11,975

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: $3,807/mo (20% down, 5.5%)

Taxes: $648/mo · Insurance: $194/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Natural gas on-demand hot water supply. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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