8 PEARL Street, Smiths Falls, ON

$239,900
MLS#:X11885279
2 beds
1 baths
900-999 sqft
1.0 parking
Residential Condo & Other
Loading property media...

Description

Property Highlights

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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 900-999 sqft
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient surface configuration
  • Notable attributes: ERV/HRV
  • equipped with ["none"] central cooling and highly efficient baseboard heating via electric

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.

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateJanuary 7, 2025
Sold price information is available to members only
Listed Date12/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
ConstructionBrick, Vinyl Siding
CountyLanark
Annual Tax$1,326

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeSurface

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
Cooling["None"]

Features

Property Features

Community Features

Location

Initializing map...
8 PEARL Street, Smiths Falls, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for 901 Smiths Falls, Smiths Falls.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Duncan J Schoular
Public41 McGill Street South, Smiths Falls, Ontario, K7A 3M9
2.6
Chimo
Public11 Ross Street, Smiths Falls, Ontario, K7A 4V7
3.7
St Francis de Sales
Public4 Ross Street, Smiths Falls, Ontario, K7A 4L5
2.9

Secondary Schools

St. Luke Catholic
Catholic5 Catherine Street, Smiths Falls, Ontario, K7A 3Z9
0.9
Smiths Falls
Public10 Ontario Street, Smiths Falls, Ontario, K7A 4P9
3.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Loading local market trends...

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 8 PEARL Street 205, Smiths Falls, ON K7A 5B5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...
Financial Audit

Estimated Costs

Loan Amount$191,920
Monthly Mortgage$1,115
Property Tax (Est.)$111
Utilities & Maint.$350
Total Monthly Cost$1,576

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Smiths Falls.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.