Welcome to this remarkable ["Apartment"] condo apartment located in the coveted neighborhood of 901 - Smiths Falls. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $239,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
This large 2 bedroom condo (~900 sq ft) has just been professionally renovated by a reputable builder. The kitchen offers modern cabinets, tiled floor, backsplash and brand new stainless steel appliances. The large living area connects to a balcony and to a well-appointed dining room with chandelier. The two bedrooms are bright and have ample closet space. The full bath has a soaker tub with tiled tub surround, tiled floor, a large vanity with many drawers, modern lighting, and a handy medicine cabinet. New Luxury Vinyl Plank (LVP) flooring throughout the living area. The condo is carpet free. New LED lighting throughout. Freshly painted in neutral colors. Large in-unit storage room included. Bell fiber inside the condo (fibre to the unit, not just to the building). One assigned parking spot included. New laundry facility on the ground floor. Very well-managed and maintained building. Condo fees will be REDUCED in 2025 - thats how well-managed and stable this corporation is. Three-minute walk to a large shopping plaza. Close to schools and recreation. Short commute to Kanata, Perth & Brockville. The condo is professionally cleaned and vacant for easy showing and immediate closing. Very low taxes and condo fees. Heating cost is very low due to an in-unit HRV + heated common areas (included in the condo fees) + no hot water hydro cost (central water heating), making it a low-cost, low-maintenance condo to own. For investors, the cap rate is 6.7% (unheard of in the current market). Not a day of vacancy in 5 yrs.
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Data-driven valuation for 8 PEARL Street 205, Smiths Falls, ON K7A 5B5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
No schools found within 3 km of this property.
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