
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Smiths Falls. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $315,000 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.
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.
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This condo apartment located at 40 Pearl Street, Smiths Falls is currently for sale and has been available on SousaSells for 67 days. This property is listed at $315,000 with an estimated mortgage of $1,049* per month. It has 2 beds, 1 bathroom, and is 800-899 square feet. 40 Pearl Street, Smiths Falls is in the Smiths Falls neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Smiths Falls, Smiths Falls.
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Smiths Falls.
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No historical data available for this property.
This could be the first listing for this address.
If you are looking for a house in Smiths Falls or researching Smiths Falls real estate for sale, this 2-bedroom condo apartment at 40 Pearl Street, Unit Unit #316, Smiths Falls, ON offers an exceptional opportunity to buy a home in Smiths Falls, Ontario. Whether you are a first-time Smiths Falls home buyer or comparing active Smiths Falls MLS® homes for sale, working with a dedicated Smiths Falls buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
Browse all verified Smiths Falls real estate listings, compare active Smiths Falls houses for sale, and view brand new MLS® inventory before it hits the open market.
Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Smiths Falls realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Estimated mortgage: $1,049*/month*. Estimated Ontario Land Transfer Tax: $3,200. First-time Smiths Falls home buyers may qualify for up to $8,475 in rebates.
The current listing price for 40 Pearl Street, Unit Unit #316, Smiths Falls, ON in Smiths Falls, Smiths Falls is $315,000.
This property features 2 bedrooms and 1 bathroom across approximately 800-899 sqft.
40 Pearl Street, Unit Unit #316, Smiths Falls, ON is a Condo Apartment (Apartment) featuring a None basement.
Interior highlights include: Water Heater Owned.
Yes, this property offers parking space for 1.0 vehicle (None).
Heating is provided via Electric and cooling via Central Air.
Smiths Falls, Smiths Falls
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Data-driven valuation for 40 Pearl Street Unit #316, Smiths Falls, ON K7A 5B5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Smiths Falls.
About Purchasing a Home in Smiths Falls, ON
For a property listed at $315,000 in Smiths Falls, the legal minimum down payment is $15,750 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $3,200 for this transaction. As this listing is in Smiths Falls (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,200.

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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.
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