2 Foster Avenue, Lanark

  • Bedrooms: 3
  • Bathrooms: 2
  • Type: Duplex
  • Added: 134 days ago
  • Updated: 20 hours ago
  • Last Checked: 13 hours ago
Discover an exceptional investment opportunity in the vibrant town of Smiths Falls, with this charming duplex, perfectly situated on a desirable corner lot. This property offers two units: a cozy 1-bedroom unit and a spacious 2-bedroom unit, each boasting independent driveways for added convenience. The current tenants are a valuable asset, with the 1-bedroom unit generating $985/month and the 2-bedroom unit bringing in $1595/month. Tenants are responsible for heat and hydro costs, as well as lawn care and snow removal, minimizing your overhead expenses. This well-maintained duplex, with its attractive rental income and minimal landlord responsibilities, is an ideal addition to any investor's portfolio. Dont miss out on this rare opportunity to own a prime piece of Smiths Falls real estate! (id:1945)
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Property DetailsKey information about 2 Foster Avenue

  • Heating: Baseboard heaters, Natural gas
  • Structure Type: Duplex
  • Exterior Features: Stone
  • Foundation Details: Stone

Interior FeaturesDiscover the interior design and amenities

  • Basement: Unfinished, N/A
  • Bedrooms Total: 3

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 2 Foster Avenue

  • Water Source: Municipal water
  • Parking Total: 4
  • Lot Size Dimensions: 58.87 x 70.97 FT ; 0

Location & CommunityUnderstand the neighborhood and community

  • Directions: From Ottawa - Hwy 7 West to Carleton Place - Left on Hwy On- 15 South (signs for Smiths Falls) - Turn Right onto Cornelia St E - Left onto Elmsley St N - Left onto Daniel St - Left onto Odgen Ave 0 Right onto Foster Ave.

Utilities & SystemsReview utilities and system installations

  • Sewer: Sanitary sewer

Tax & Legal InformationGet tax and legal details applicable to 2 Foster Avenue

  • Tax Annual Amount: 3547
  • Zoning Description: Residential
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Nearby Listings Stat

Active listings
11
Min Price
$249,900
Max Price
$649,900
Avg Price
$417,964
Days on Market
88 days
Sold listings
0
Min Sold Price
$0
Max Sold Price
$0
Avg Sold Price
$0
Days until Sold
days

Nearby Places

Name
Type
Address
Distance
Tim Hortons
Cafe
76 Beckwith St N
0.3 km
Norm's Restaurant
Restaurant
27 Beckwith St N
0.5 km
Pizza Pizza
Restaurant
1 Beckwith St S
0.6 km
Darlene's Café & Bakery
Bakery
5 Main St W
0.7 km
Man Ling Restaurant
Restaurant
28 Main St W
0.7 km
Smiths Falls
The Rideau Canal waterway passes through the town,...
0.7 km
Giant Tiger
Clothing store
29 Chambers Street
0.7 km
Smiths Falls Restaurant & Deli
Restaurant
17 Chambers
0.7 km
Railway Museum of Eastern Ontario
Established 1985 as the Smiths Falls Railway Museu...
0.7 km
Smiths Falls Railway Museum of Eastern Ontario
Museum
90 William St W
0.8 km
Chuckles Jack
Restaurant
33 Centre St
0.8 km
Smiths Falls railway station
It is unstaffed, with free outdoor parking, teleph...
0.8 km
Additional Information about 2 Foster Avenue

This Duplex at 2 Foster Avenue Lanark, ON with MLS Number x9516647 listed by CHRIS EVOY - RE/MAX AFFILIATES REALTY LTD. on Lanark market 134 days ago at $359,900

We have found 6 Duplex that closely match the specifications of the property located at 2 Foster Avenue with distances ranging from 2 to 1 kilometers away. The prices for these similar properties vary between 250,000 and 379,999.

The current price of the property is $359,900, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 20% down payment, the total amount borrowed would be $287,920. This would result in a monthly mortgage payment of $1,683 over a 25-year amortization period.

More Details?
CHRIS EVOY
  • CHRIS EVOY
  • RE/MAX AFFILIATES REALTY LTD.
  • 613-913-8185
  • WebSite