71 Stephen Street, Smiths Falls, ON

Located at 71 Stephen Street, Smiths Falls, ON in Smiths Falls (901 - Smiths Falls neighbourhood), near McCann and Stephen St.. This freehold home offers Duplex, ["2-Storey"], 3 bedrooms, 2 bathrooms and 1100-1500 sq.ft. (approx.) in a layout suited to everyday family living. Basement: Apartment, Finished • 4 parking spots • Garage: None • Heating: Electric Baseboard • Cooling: None. Property taxes are approximately $4,123 for 2025. Vacant upper unit, tenanted lower unit. Good upside potential here. This up/down duplex offers 3 bedrooms upstairs with a 4- piece bathroom, a kitchen, laundry closet, a dining area, a living room and mudroom entrance. The lower level adds a second self-contained suite with 2 more bedrooms, a 2nd kitchen, another living room and dining area plus a 4- piece bathroom. The home has 2 100-amp breaker panels, each unit with its own meter. Steel roofing (2022). One new hot water tank in 2014 and one in 2024. This is a great opportunity to live in and rent one suite or rent both units. An easy managed lot with parking on the side. Lower suite is currently tenanted and is being sold with a Buyer assuming the tenancy. Tenant paying $1100/mont.