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CA > Ontario > Smiths Falls > 901 - Smiths Falls > 3-5 N Mary Street N

3-5 N Mary Street N, Smiths Falls, ON

Smiths Falls, 901 - Smiths Falls Hood
Main St E & William St E
7 Br | 4 Bath | 2500-3000 Sqft
$509,900 For Sale

Property Overview

  • Duplex — 2-Storey
  • SqFt: | 2500-3000 Sqft
  • Lot Size: 66.00 x 132.00 Feet
  • Age: n/a
  • Basement: Unfinished
  • Exterior: Metal/Steel Siding
  • Taxes: 3,919 / 2026
  • Zoning: n/a
  • MLS #: X13874990
  • Sewer: Sewer
  • Heat Source: Gas , Forced Air

Property Description

INVESTOR OPPORTUNITY! Income-producing two-unit property offering strong current rental income, substantial recent capital investment and future value-add potential. The two fully renovated units generate $4,375/month in current gross rent, or $52,500 annually, with 0% current vacancy/credit loss and a history of rents being paid on time or early.

Improvements and repairs over the past 3-4 years, including fully renovated units, new appliances, replacement windows, newer furnaces, plumbing improvements, basement sump pumps and additional updates.The 4-bedroom, 1.5-bath unit at 3 Mary features a fenced backyard, parking, unfinished basement and furnace installed in 2024. The 3-bedroom, 1.5-bath unit at 5 Mary offers a large fenced backyard, generous driveway parking, unfinished basement and furnace installed in 2024.

Tenants pay gas and hydro directly, while lawn/yard maintenance and snow removal are tenant responsibilities.The property offers approximately $52,500 in current annual gross rental income and a 10.50% gross rental yield based on the 2024 appraised value of $500,000. Potential future upside may include rental optimization, additional property improvements and investigation of severance/land-use potential, subject to municipal approvals and due diligence.An excellent opportunity for investors seeking an established income-producing property with significant recent improvements and potential for further value creation.

2 Refrigerators , 2 Stoves , 2 Washers , 2 Dryers ,

Property Details

  • For: For Sale
  • Type: Duplex
  • Style: 2-Storey
  • Lot: 66.00 x 132.00 Feet
  • Region: Lanark
  • Hood: 901 - Smiths Falls
  • Zoning: n/a
  • Lot Irreg: Fronting on: West
  • Fronting On: West

Building Details

  • Age: n/a
  • Exterior: Metal/Steel Siding
  • Heat: Gas , Forced Air
  • A/C: Window Unit(s)
  • Interior Features: Storage
  • Pool: None
  • Sewer: Sewer
  • Garage: None
  • Total Parking: 6.00

Property Interior

  • Sqft: 2500-3000 Sqft
  • Bed: 7
  • Bath: 4
  • Kitchen: 2
  • Family Room: No
  • Basement: Unfinished
Rooms Details

Family Room

Main Level

Dining Room

Main Level

Kitchen

Main Level

Laundry

Main Level

B/I Appliances

Utility Room

Main Level

Bedroom

Second Level

3 Pc Ensuite

Bedroom 2

Second Level

Bedroom 3

Second Level

Bedroom 4

Second Level

Bathroom

Second Level

3 Pc Bath

Family Room

Main Level

Dining Room

Main Level

Kitchen

Main Level

Utility Room

Main Level

Bedroom

Second Level

Bedroom 2

Second Level

Bedroom 3

Second Level

Bathroom

Second Level

3 Pc Bath

Basement Level

Basement Level

Property Listed by: ROYAL LEPAGE PERFORMANCE REALTY
Virtual Tour: n/a

Home Valuation Estimate

What is 3-5 N Mary Street N, Smiths Falls, ON worth in today’s 901 - Smiths Falls, Smiths Falls market?

This HomeZira valuation preview helps buyers and sellers think through the asking price for this 7-bedroom Duplex with 2500-3000 sq. ft. in 901 - Smiths Falls, Smiths Falls. The full estimate reviews the property’s location, home type, bedroom count, size range, age, and nearby comparable market activity after sign-in.

Property-specific estimate See a valuation range built around this listing’s local profile.
Comparable market context Review how similar nearby homes help frame value.
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Location

  • Address: 3-5 N Mary Street N
  • Neighborhood: 901 - Smiths Falls
  • Zip/Postal Code: K7A 3R6
  • Nearby Amenities:
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Kazi Hossain

Kazi Hossain

Kazi — Serving the Community for 19 Years!
REALTOR®

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About 3-5 N Mary Street N, Smiths Falls, ON K7A 3R6, Smiths Falls

Located at 3-5 N Mary Street N, Smiths Falls, ON in Smiths Falls (901 - Smiths Falls neighbourhood), near Main St E & William St E. This freehold home offers Duplex, ["2-Storey"], 7 bedrooms, 4 bathrooms and 2500-3000 sq.ft. (approx.) in a layout suited to everyday family living. Basement: Unfinished • 6 parking spots • Garage: None • Heating: Gas Forced Air • Cooling: Window Unit(s). Property taxes are approximately $3,919 for 2026. INVESTOR OPPORTUNITY! Income-producing two-unit property offering strong current rental income, substantial recent capital investment and future value-add potential. The two fully renovated units generate $4,375/month in current gross rent, or $52,500 annually, with 0% current vacancy/credit loss and a history of rents being paid on time or early. Improvements and repairs over the past 3-4 years, including fully renovated units, new appliances, replacement windows, newer furnaces, plumbing improvements, basement sump pumps and additional updates.The 4-bedroom, 1.5-bath unit at 3 Mary features a fenced backyard, parking, unfinished basement and furnace installed in 2024. The 3-bedroom, 1.5-bath unit at 5 Mary offers a large fenced ba.

FAQs for 3-5 N Mary Street N, Smiths Falls, ON , 901 - Smiths Falls , Smiths Falls

What are the listing details for 3-5 N Mary Street N, Smiths Falls, ON?
3-5 N Mary Street N, Smiths Falls, ON is a Duplex for sale in Smiths Falls, in the 901 - Smiths Falls neighbourhood, Lanark. The current list price is $509,900. MLS number: X13874990.
How many bedrooms and bathrooms does this home have?
3-5 N Mary Street N, Smiths Falls, ON is listed as a Duplex with a ["2-Storey"] style, featuring 7 bedroom(s) and 4 bathroom(s). The listed interior size range is 2500-3000 sq. ft..
What lot, basement, garage, or parking details are listed?
The lot size is listed as approximately 66.00 x 132.00 Feet. The basement is listed as: Unfinished. Garage type: None. Total parking: 6 space(s).
What heating, cooling, and exterior details are shown?
Heating is listed as: Gas, Forced Air. Cooling is listed as: Window Unit(s). Exterior/construction materials are listed as: Metal/Steel Siding.
Where is this property located?
3-5 N Mary Street N, Smiths Falls, ON is located in the 901 - Smiths Falls neighbourhood of Smiths Falls. The listed cross street is Main St E & William St E.
What information is available on this public listing page?
The public listing page shows current active listing information, property photos, room details when available, map location, listed price, property features, and contact options. Annual taxes are listed as $3,919 / 2026. Valuation tools and similar sold-property previews are available after sign-in where applicable, without displaying sold data in this public FAQ.

FAQ content is based on current active listing fields shown on this page. Sold prices, sold comparables, and VOW-only details are not included in this public FAQ.